Provides students with an understanding of international banking and finance in the contemporary environment. Due to the dynamic nature of the international banking environment, it is necessary to develop skills to effectively identify and understand the effects of current developments. Firstly, the international banking functions are presented; international trade financing, participation in the interbank foreign exchange and Eurocurrency markets, international investment banking services, and sovereign lending. In addition, other important topics are presented; international money laundering, international banking and debt crises, regulation of international banking activities, and offshore banking markets. Some of the topics covered may vary over time.