Microsoft Word - instructions MID SEMESTER ASSIGNMENT.docx
AFIN8003
MID SEMESTER ASSIGNMENT (25%)
TOPIC and RESOURCES
Instructions: Write a 1500-word (+/- 10%) report in your own words, answering the
Question below, along with the additional Bonus aspect (see below) using footnotes.
You should use a few appropriate section headings. Include a (
ief) Introduction and
Conclusion. Only the references listed below are permitted; reference them
iefly in
ackets during the text of your analysis using simply the autho
journal/date (eg Smith,
Investor magazine, April 2020); provide a full list of references used, at the end of your
paper. Footnotes must be numbered and displayed page-by-page as they occur (not in a
single list at the end of your essay). Footnotes and bibliography are additional to the
core 1500 word requirement. Your assignment must be typed and submitted in PDF
online via iLearn, where it will be checked by Turnitin for similarity: plagiarism may result
in penalty deductions or failure of the assessment. Allow time to format, check, PDF and
upload your report before the deadline. The report is due no later than Friday 11
September 17:00 (Sydney time). Late submissions will score zero.
Main Question: Corona crisis and banks (20 marks)
How is the 2020 COVID crisis affecting banks and bank regulation in advanced industrial
countries (including Australia)?
References:
https:
www2.deloitte.com/us/en/insights/economy/covid-19
anking-and-capital-markets-impact-
covid-19.html
https:
www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/fitch-
downgrades-australia-s-4-biggest-banks-on-covid-19-impact XXXXXXXXXX
https:
thewest.com.au
usiness/economy/global-financial-crisis-shake-up-of-banks-will-get-us-
through-covid-19-says-reserve-bank-of-australia-ng-b881515175z
https:
www.smh.com.au
usiness
anking-and-finance/new-normal-life-for-australia-s-banks-
after-the-pandemic-won-t-be-pleasant XXXXXXXXXXp54px3.html
https:
www.abc.net.au/news/ XXXXXXXXXX/are-australian-banks-safe-amid-the-shock-of-
coronavirus/ XXXXXXXXXX
https:
www.itnews.com.au/news
anks-sacrificed-cdr-efforts-to-prevent-covid-19-cyber-threats-547396
https:
www.
a.gov.au/speeches/2020/sp-gov XXXXXXXXXXhtml
https:
uk.reuters.com/article/us-health-coronavirus-
itain-regulation
ank-of-england-cancels-
stress-test-of-banks-over-coronavirus-idUKKBN2170QI
https:
www.cnbc.com/2020/04/27/deutsche-bank-warns-on-coronavirus-impact-as-its-profit-falls-
from-a-year-ago.html
https:
www.bankingsupervision.europa.eu/press/p
date/2020/html/ssm.pr200312~43351ac3ac.en.html
https:
www.bankofcanada.ca/2020/05
idge-recovery-banks-covid-19-pandemic-response/
https:
www.
ookings.edu
esearch/fed-response-to-covid19/
https:
edition.cnn.com/2020/04/17
usiness
ank-earnings-defaults-recession/index.html
https:
www.federalreserve.gov/newsevents/pressreleases
creg20200401a.htm
https:
www.reuters.com/article/us-health-coronavirus-banks-bis-idUSKCN21X1B6
https:
voxeu.org/article/stress-tests-banks-liquidity-insurers-time-covid
https:
www.bis.org/publ
isbull11.htm
https:
www.bis.org/fsi/fsi
iefs2.htm
https:
www.bis.org/press/p200403.htm
https:
www.dw.com/en/coronavirus-shock-vs-global-financial-crisis-the-worse-economic-
disaste
a XXXXXXXXXX
https:
www.investmentweek.co.uk/opinion/4012753/coronavirus-crisis XXXXXXXXXX
https:
www.morgans.com.au/Blog/2020/March/Equity-Strategy-Why-COVID-19-isnt-a-GFC
Bonus points for making connections with lectures XXXXXXXXXXmarks)
5 bonus marks are available – during the course of your answer to the Main Question - for
insightfully identifying connections to concepts/measures/issues in AFIN8003 lectures
weeks 1-6. Cite the location in lectures (eg .’week 4, slide 7’). Use footnotes ONLY to
establish these connections between your assignment and concepts from AFIN8003
lectures. These footnotes are additional to the 1500-word essay length. Be sure to display
footnotes at the foot of the essay page where they are referenced (not as a single list at
the end of the report).
TOTAL MARKS AVAILABLE: 25
DUE BY: 5pm (17:00 Sydney time) Friday 11 September 2020
Microsoft Word - marking guide Major Assignment.docx
XXXXXXXXXXAFIN8003 BANKING AND FINANCIAL INTERMEDIATION
Major Assignment: marking guide
Criteria Very weak Weak Adequate Good Excellent
Relevance Failure to
understand the
question,
extensive
i
elevance
Failure to
address
important
aspects of the
question
Adequate
answer to the
question,
covers main
aspects
Thorough
answer
covering most
aspects of the
question
Comprehensive
and effective
answer to the
question
Knowledge and
understanding
Major e
ors,
little
knowledge or
eading
Limited
knowledge with
serious e
ors
or omissions
Adequate
knowledge and
understanding,
e
ors balanced
y sound work
Conceptually
sound, wide-
anging
knowledge and
understanding
Knowledge
ased on
independent
eading and
high-level
synthesis
Critical,
analytical and
integrative
thinking
No evidence of
critical or
analytical
abilities
Little evidence
of critical or
analytical
abilities
Sound
argument with
evidence of
analysis and
easoning,
more
description than
analysis
Flair and
originality of
thought,
effective
criticism of
other
arguments
Penetrating
analysis,
persuasive and
original
criticism of
others
Evidence of the
use of
appropriate
materials
Very little
evidence of
having read
elevant
material
Little use of
evidence,
limited reading,
eferences of an
inadequate
standard
Some use of
evidence, fair
amount of
eading, over-
eliance on one
or two
authorities
Good use of
evidence, wide
eading,
generally well
digested
Excellent use
and evaluation
of evidence
Structure and
presentation
Many faults in
logic and
structure of
eport, ideas
expressed
incoherently
Weak structure
and argument,
poor style and
presentation
Generally
coherent
structure,
generally clear
writing and
acceptable style
Well organised
structure, clear
writing and
accurate
English style
Excellent
structure, every
paragraph
counts, English
style shows
flair and
eloquence