10 August 2018
The European Banking: Strategic and Regulatory Issues
The objective of this course is to introduce students to post crisis regulatory and strategic developments in the EU banking. The financial crisis of 2007-09 stressed the need for a safer financial system. This is why the focus will lie, firstly, on the reaction to the crisis in the individual member-states, and secondly on the banking reforms at the EU-level.
The recent regulatory and supervisory changes in the EU will be analyzed. Starting from the basic prudential regulations and concluding with the institutional aspects of the Banking Union project – the Single Supervisory Mechanism (SSM), the Single Resolution Mechanism (SRM) and the Single Resolution Fund (SRF), with references to the role of the European Banking Authority (EBA) and the European Systemic Risk Board (ESRB).
Specific reference will be made to the recapitalisation of credit institutions in the resolution process after the crisis.
- The institutional characteristics of the EU banking markets: types of banks and bank safety nets; bank regulation and supervision in selected countries.
- Global financial crisis of 2008 and its consequences for financial institutions.
- Challenges in bank management: efficiency, stability, activities,
- The European supervisory architecture (EBA, ESMA and EIOPA).
- The rationale for the Banking Union - the Single Supervisory Mechanism and the role of the ECB.
- Crisis management for financial institutions in the EU: recovery and resolution procedures.
- Overview of other relevant rules: CRD in the light of Basel III agree
- Case studies of selected bank resolution processes.
B. Casu, C. Girardone, P. Molyneux , Introduction to Banking, 2016
The World Bank Group: Bank Resolution and Bail-in in the EU: Selected case studies pre and post BRRD, FinSAC, November 2016.
Beck, B. Casu, The Palgrave Handbook of European Banking, Palgrave, 2017.
Chorafas, Banks, Bankers, and Bankruptcies Under Crisis: Understanding Failure and Mergers During the Great Recession, Palgrave 2014.
World Bank Group (b), Understanding Bank Recovery and Resolution in the EU: A guidebook to the BRRD, FinSAC, November 2016
Faculty of Management and Social Communication, Jagiellonian University
Head Banking Division
Faculty of Finance and Law, Cracow University of Economics
Advanced Bachelor, Master, PhD. The course will be targeted at the students deeply interested in the complex structures and processes in the European banking and thinking about a future career in a financial institution. Basic knowledge of macroeconomics is required
After this course you will be able to:
1. Understand the roles and functions of different types of banks and the structure of the banking industries in the EU,
2. Understand the legal framework of bank regulations at the EU level,
3. Understanding the strategic challenges in contemporary banking,
4. Evaluate at a basic level the financial performance of a bank and compare and interpret facts and processes taking place in the European banking markets.
EUR 600: The fee includes the registration fees, course materials, access to library and IT facilities, coffee/tea, lunch, and a number of social activities.
We offer several reduced fees:
€ 540 early bird discount- deadline 1 April 2018 (10%)
€ 510 partner + RU discount (15%)
€ 450 early bird + partner + RU discount (25%)