What do FIG bankers do?
Reaching out to an FIG banker at a BB. If a "why FIG?" question is asked would it be intelligent to answer by saying something along the following lines:
"FIG is a group that has good deal flow most of the times. In bear markets ==> restructuring, and in bull markets ==> new products, IPOs etc. Also newer, more stringent regulations mean that banks will change the way they finance their operations which may affect their BS."
Does any of what I said make sense?? Do FIG bankers undertake restructuring for failing financial institutions? or do they only do capital raising and M&A??
Could someone kindly give me better answer or tell me what different sorts of deals do FIG bankers undertake?
Thanks in advance.