Commercial and Investment Banking

 

Teaching Hours and Credit Allocation:	30 Hours, 6 Credits
Course Assessment:	Coursework & Exam

 

Aims

This course aims to provide students with an insight into the major features of the banking business and to provide a framework for the understanding of the different types of banks and banking activities. The first part of this course will examine the changing business characteristics of the commercial banking industry while the second part will focus on the global investment banking industry.

In particular, the asset structure and revenue-earning features of major commercial and investment banks will be examined. In addition, their cost and return features will be outlined, together with recent developments in the industry. Finally the course will analyse various regulatory issues associated with the commercial and investment banking business together with recent developments in European banking markets.

 

Learning Outcomes

On completing the course, students are expected to be able to:

• Understand the different types of banking
• Understand the different banking products/activities
• Understand the main components of commercial and investment banking business
• Understand the impact of recent regulatory changes on the structure of international banking markets.
• Be aware of the changing structure of the global and European investment banking industry

 

Content

• What is special about banks: Theories of financial intermediation
• Modern Banking: Banking Services and Current Issues in Banking
• International Banking and Financial Services
• Consolidation and Conglomeration in the Financial Industry
• Banking Regulation
• Structure and Competitive Advantage in Global Investment Banking
• Asset Structure and Revenue Sources in Investment Banking
• Costs and Returns in Investment Banking
• Investment banking as a Complement to Universal Banking
• Private banking