This module aims to advance students’ understanding of modern banking systems and institutions, utilising economic theory and empirical evidence. A wide range of different topics is covered in this module. The module initially explores the complexity and integrated nature of international banking systems and regulation. The module emphasises on the relationship between financial systems and economic performance, particularly the mechanisms by which the former may help to improve resource allocation and economic growth and stabilise banking systems. It also examines the causes of weaknesses in financial systems, including the roots of financial crises. Information-related problems and the way these are addressed by different types of financial institutions and systems will be central to the analysis. The investigation of emerging issues and contemporary trends in domestic and international banking will also be an important part of this module. Finally, it aims at developing students’ ability to apply economic/finance tools and techniques in a variety of decision-making contexts for banking.