Question

I have a Bank interview for the position of Commercial Associate - Middle Market (Aerospace industry). Customers with revenues between $75 million to $2.2 billion revenues in the USA economy.

1. Explain the aerospace industry in the context of their banking needs and who are the bigger player in the USA economy in this industry?

2. Give a scenario on how you treat an angry customer in the bank and how resolve the issue?

3. What is the industry updates and valuations?

4.You need to review commercial banking and aerospace industry contribute to commercial banking?

5. The USA economy's update including rates?

Answer 1

Aerospace industry is largely driven by Airbus and Boeing and hence are merely dependent on large banks like Morgan Stanley, Citibank, Wells fargo as their prime lenders for purchase and procurements of large parts from OeMs and capital expenditure.

Angry customers should be apologised first for any inconvenience caused and should be given immediate resolution and be assured of quality customer experience.

Industry updates and valuation have seen over valuation of banking industry as prive to earnings ratio are beyojd industry average and profits have remained stagnant over years.

Commercial banking in US contributes 11 percent towards aerospace industry values at 14 billion dollars.

USA economy peggs each aircraft sector market value at 3 trillion dollars as combined view from Bank of America merill Lynch and Morgan Stanley.