Definition of a financial conglomerate. The advantages of a financial conglomerate structure. The risk taking behaviour of some financial conglomerates and the implications to the financial system and the economy. How to minimise the risk and effectively manage financial conglomerates.
What is financial sector consolidation? The reasons for mergers and consolidation in the financial services industry. The implications and risks of consolidation to the financial system and economy. How to minimise risk and achieve the objectives of consolidation post-merger or consolidation.
Methods of payment in international trade. Features of payment methods in export and import trade. Risks for byers and sellers under each payment method. Payment in open account, bill of exchange, collection arrangement, letter of credit, bank guarantee, performance bond, forfeiting and factoring.