BNPP Americas Update?

I know they have been growing their presence in the US this past decade and have jumped up on the league tables for many products. They're a BSB and notably french so have heard they have relatively better wlb(at the cost of less competitive comp to the street, excluding other BSBs) but it also depends on your group. Would assume M&A/Levfin have more hrs than coverage groups. One thing I did notice is that while they are maintaining their spot in the league tables, they only have 2 M&A deals pending in NA and have left lead substantially less leveraged finance deals this year as compared to last 2 years. While this yr it seems that they are often the lead bookrunner and arranger, a lot of other BBs are the left leaders, not sure if this how it typically goes in the industry so if can some pls clarify importance of left lead vs lead bookrunner?

Another really good thing is that their product groups actually model as well as learn the deal process which is unique to them considering how large they are and could potentially catch up to RBC soon. I did see a previous BNP analyst was in both LevFin and FSG so kind've unsure how that works if anyone can clarify?

Also heard their S&T derivatives group has a healthy appetite for risk which could be pretty good experience for S&T.