Classic interview with many finance questions, particularly the classics for structured products. How to recreate a cap with options on a swap? What is the economic and mathematical thinking behind the volatile smile?
How to recreate a ceiling using only options on swap?
The following metrics were computed from 1 interview experience for the HSBC Intern structure role in Paris.
HSBC's interview process for their Stagiaire structure roles in Paris is extremely selective, failing the vast majority of engineers.
Candidates reported having very good feelings for HSBC's Intern structure interview process in Paris.