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INTRODUCTION TO BANKING AND FINANCIAL SERVICES
tailored to the needs of non-lending bank employees, is available from Levow Information Systems.
This fast-paced seminar, designed as a crash-course on the inner workings of the world of banking, features a step-by-step analysis of banking and is customized to the annual report and operations of the sponsoring bank.
(Due to time constraints of many bankers today, the program can be delivered in two days, reducing the level of detail of certain topics.)
The seminar is designed to provide a practical introduction to banking and financial services, and includes workshops and application sessions on Treasury bills and the bank's investment portfolio, commercial lending, foreign exchange, profitability, and asset/liability management in order to help participants see the constraints under which a bank operates, recognize the opportunities for profit, and understand the impact and importance of their jobs.
The information gained from this program will allow banking professionals at all levels from technology, operations, audit and accounting, risk management, human resources, trust, marketing, legal, public relations, administration and similar staff areas, as well as credit/branch manager/general management trainees, and employees without prior banking experience to deal with complex banking issues in an understandable way, with no prior accounting or financial background required.
Major topics include functions of banks and other financial institutions, discussions of major asset and liability categories (including their interrelationships and tradeoffs), deregulation and competition, funding, investment banking, fee income, profitability and the income statement (with emphasis on ROA/ROE, risk-adjusted capital, efficiency ratios), and the outlook for the future.
A version of this program is available for bank vendors, to help them to understand how banks operate, the concerns and business drivers of bankers, and to be able to relate to bankers using banking terminology.
The course has been developed and is presented by David Levow, a bank consultant, member of the faculty of the Graduate School of Retail Bank Management at the University of Virginia, Instructor at the New York State Bankers Association School for Management Development, and a former vice president of a major money center bank with more than 25 years of banking experience.
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He has consulted with banks and bank vendors, taught banking, and appeared as a speaker at banking conferences in countries on six continents including China, Korea, Singapore, Australia, South Africa, Chile, Mexico, Brazil, Colombia, Venezuela, United Kingdom, France, Switzerland, Turkey, and Canada. The client list of Levow Information Systems reads like a Who’s Who of banking. Contact us for specific client references.
This one-day program has been specially designed to meet the needs of the many professionals in the banking and financial services industry who need a concise introduction to the business they support. The information gained from this program will allow banking professionals at all levels from information technology, operations, audit and accounting, risk management, human resources, trust, marketing, legal, public relations, administration and similar staff areas to understand the key elements of the business and the banking terminology used today. No prior accounting or financial background is required.
Major topics include the concept of a balance sheet, assets, liabilities, and stockholders’ equity, risk-based capital, the profit and loss (income) statement, key profitability and efficiency measures, types of financial institutions, competition, organizational structure and customers of a bank, regulation and other factors affecting profitability, and risk management.
I . Introduction and objectives II . Foreign currency products Spot and forwards III . The derivative products Stripped and zero coupon securities (including present value and duration) Securitization - asset and mortgage-backed securities Options Defined
Option pricing theory
Stock, currency, index options
Option risk/reward characteristics and hedging strategies
The clearinghouse
Caps, floors, collarsFutures Defined
Futures pricing theory
Futures risk/reward characteristics and hedging strategies
Margin, mark to market, and the clearinghouse
Commodity, index, currency, interest rate futures
FRA’s
Comparison with optionsSwaps Defined and relationship to futures
Interest rate, currency, equity, and commodity swaps(Two-day program)
This one-day program (two days if more detail is desired) is designed to give participants a broad overview of the world’s major financial markets, the instruments, the participants, and the relationships between the markets.
Major topics include:
Markets (money markets, capital markets, domestic vs. euromarkets, FX and the euro, derivatives)
Participants (broker/dealers, traders, underwriters, investors, issuers)
Instruments (exchange-traded vs. OTC, treasury bills, notes, bonds, commercial paper, corporate bonds and notes, eurobonds)
Trading (dealing, position-taking, market-making, bid and offer, arbitrage)
Settlement (funds settlement - Fedwire, CHIPS, CHAPS, SWIFT, TARGET, CLS, etc.; securities settlement - FBE, DTC, Clearstream, Euroclear, etc.)
Risks and risk management (credit risk, interest rate risk, operational risk, FX risk, settlement risk, etc., limits, netting, clearinghouses, DVP/PVP, Basel II)
DERIVATIVES and ENERGY RISK MANAGEMENT PRODUCTS
This two-day program is based upon our Derivative Products program, but is tailored to the needs of the energy industry. Options, futures, and swaps are covered using natural gas, crude oil and oil products, and power/electricity as the underlying commodities. Various types of hedging strategies are explained, including the use of basic option positions, as well as more advanced combination strategies. The program concludes with the use of swaps (fixed/float, index, basis, etc.) to meet customer needs and to modify risk, and includes the way in which a risk desk would hedge such positions.
Concepts of long and short, cash vs. futures markets (NYMEX, CBOT, etc.), exchange traded vs. OTC products, dealer vs. broker, bid/offer, are discussed prior to introduction of the derivatives themselves.
FINANCE
for the
NON-FINANCIAL
PROFESSIONAL NEW!
In this one day workshop, the focus is on
building an awareness and understanding of the universal language of business.
The content of the workshop will cover the following topics:
Types of financial statements, auditor's opinion,
balance sheet, income statement, cash flow/sources and uses, changes in
stockholders' equity, off-balance sheet information, key financial concepts,
financial ratios, and how to read your company’s annual report.
The learning objectives of the one-day workshop are to
enable participants to understand and demystify fundamental accounting concepts
and terminology; to be able to read an annual report, and to identify trends and spot areas where financial
performance can be improved.
Levow Information Systems can custom design a program to meet specific needs in the banking, investment, capital markets, derivatives, trade finance, cash management, and trust areas, both domestic and international. Contact us for samples of "off-the-shelf" programs, or to discuss tailored programs (electronic commerce/e-com, the Euro, straight-through processing, risk management, etc.).
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Copyright © 1997 Levow Information Systems
Last modified: August 29, 2006