8196 - COMPARATIVE FINANCIAL SYSTEMS
MM-LS - AFC-LS - CLAPI-LS - CLEFIN-LS - CLELI-LS - DES-LS - CLG-LS - M-LS - IM-LS - ACME-LS - EMIT-LS
Department of Finance
Course taught in English
Go to class group/s: 31
MM-LS (6 credits - II sem. - AI) - AFC-LS (6 credits - II sem. - AI) - CLAPI-LS (6 credits - II sem. - AI) - CLEFIN-LS (6 credits - II sem. - AI) - CLELI-LS (6 credits - II sem. - AI) - DES-LS (6 credits - II sem. - AI) - CLG-LS (6 credits - II sem. - AI) - M-LS (6 credits - II sem. - AI) - IM-LS (6 credits - II sem. - AI) - ACME-LS (6 credits - II sem. - AI) - EMIT-LS (6 credits - II sem. - AI)
Course Director:
MARCO ONADO
MARCO ONADO
Course Objectives
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Analyze the conceptual framework for comparing financial systems across countries and over time (in particular looking at the main channels of intermediation: banks vs financial markets).
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Review the main characteristics of the financial systems of the industrialised countries looking at the households' financial assets and the corporate sector's financial liabilities and main strategic implications for international players.
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Analyze the European process of financial integration: the Directives, their implementation and the actual results.
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Discuss the strategies of important global players of different countries, both American and European..
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Discuss the causes and consequences of the financial crisis and the implications for main global players
Course Content Summary
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Financial structure: general and theoretical issues
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Households financial assets in an international perspective: implications for the strategy of main international banks and asset managers
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Non-financial companies financial liabilities in an international perspective; implications for the strategy of main international banks
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The characteristics of main international banks: global players; multi-regional banks etc
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The European financial convergence: the main Directives and their implementation
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The big international players: profitability, business models, strengths and weaknesses
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Strategic issues for international players: cross-border mergers and their implications
Detailed Description of Assessment Methods
No partial exams. Final exam, written; both multiple choice and open questions.
Textbooks
All teaching material is available on the website
Last change 26/03/2009 15:51