Banking services represent a highly competitive and rapidly changing sector in every modern economy. Financial systems and financial firm strategies are now involved in a fundamental, far reaching process of realignment and change. The strategic priority of banks and other financial institutions has shifted away from growth and size alone towards a greater emphasis on profitability, performance and shareholder value creation. The growing economic importance of financial sectors has also re-emphasized that banker, fund managers, multinational companies, securities firms, regulators and financial advisors, must have a clear understanding of the theory and practice relating to banking and finance.
|