Focuses on providing students with an understanding of the operating environments of international banking institutions. Topics covered are: the nature and theory of international banking, the major functions of international banking (international trade financing, participation in the interbank foreign exchange and Eurocurrency markets, international investment banking services, and sovereign lending), and other important issues (international money laundering, international banking crisis, regulation of international banking, international debt crisis, and offshore banking markets). Some of the topics covered may vary over time.