Management of Banking and Financial Institutions

This course management of banking aims at providing an understanding of the recent banking crises as of the consequences on the new banking regulation and supervision environment. This is a very complex topic since banking and financial system greatly influences the state of the economy – as the slow economic recovery of the major industrial countries proves – and companies’ financing strategy.

Financial intermediation underwent through major changes over the past 30 years because of financial deregulation and globalization. Financial intermediaries were nationally-based and heavily protected by their government indirectly (anglo-saxon style) or directly (many Europeans banks were still state-owned until recently).

Despite deregulation and disintermediation financial institutions still represent a fair share of the economic activity, their traditional business having shifted over the years from loans provider to financial services providers that might have been at the root of the current crisis.