This paper is about events where one or more banks face difficulty ruling over their short-term liabilities and perhaps fail. it is natural to think of these events as occurring where some agents have some benefits from creating the risk of these kinds of events, and perhaps do not bear all the societal costs. it is natural to think of these as inefficient outcomes, such as a straightforward way of thinking about that is coming from implicit bank guarantees, for example. What is surprising is that they may happen. This article is about challenging this view. The goal is to try to persuade the reader that there may be some, not just private values but judiciary values to set up a financial system that is subject to these kinds of events where multiple banks will fail at the same time and face difficulty ruling over their debt. In that sense, this article is not trying to convince someone that financial crises may have some efficiency problems. So, it leads very naturally to the question that has been studied already. And this article is going to try to contribute to the understanding of why individual banks per se find an optimal to finance themselves in a fragile way where they are subject to these inefficient terminations. And more generally, why might there be an optimal to have a system that is subject to these kinds of shocks? it is that kind of a question that is under discussion here in this article.

The article presented the importance of employing interim managers in the conditions of rapid changes in the business environment. The significance of interim management as a modern approach to management was highlighted. The author also pondered on how the companies of the future should be managed. Furthermore, the author presented his own experiences and findings acquired from projects he had carried out as an interim manager. The readers’ attention was drawn to the impact of the interim management on the organisational entrepreneurship.

Any commercial organization tends to make a profit in the course of its activity. As a result, these enterprises may be risky since they take different risks in pursuit of generating a profit and achieving other goals. Taking various risks might make a company less financially stable. In other words, the level of financial stability of a company is likely to be decreased. The importance of the given topic is that analyzing the financial stability and profitability of an entity enables us to determine how financially stable and profitable a company is. Moreover, this analysis allows finding out how particular indicators change from year to year and to prevent a decrease in financial stability and profitability indicators. This paper may be considered as an attempt to analyze the financial stability and profitability of one company from the oil and gas industry, specifically, British Petroleum (BP) for the period from 2014 to 2019. Besides, some recommendations may be developed in terms of increasing the company’s performance indicators if necessary.

Measures, imposed on the Russian Federation in 2014 to isolate Russia from the world community, were called sanctions. Their immediate goal is to deprive Russia of resources (financial, economic, technical and technological, information, scientific, cultural) that are needed for its development. The sanctioning countries suppose that the damage caused by their sanctions will weaken the socio-economic, military-political, scientific and technological potential of Russia. Some results of the author’s analysis of the impact of sanctions on the macroeconomic indicators of the Russian Federation i presented in this paper. The following indicators were studied: the volume of financial resources provided to Russian organizations, individuals and credit organizations; the volume and dynamics of capital investments and fixed assets; gross domestic product and industrial output; labour and capital productivity, and some other indicators. The years in which anti-Russian sanctions caused the most considerable damage have been identified. The author also shows that the negative impact of sanctions on the economic development of the country is, in many ways, similar to the damage, caused by the global financial and economic crises. The similarity of their impact is because both crises and sanctions deprive the country of resources for economic development. First of all, we are talking about financial resources.

Today, during the period of ongoing changes in the financial market, banks face the challenges of cost reduction, revision of the product line and more explicit customer segmentation. In the environment, corporate clients are also observed significant changes: there is a rotation of personnel change the development strategies of companies that entails new requirements for banking products. Can banks quickly adapt to new market conditions and optimize work with corporate clients using existing technologies and information systems? Besides, that will help improve growth. Corporate sales of banking products in the current conditions? These questions the author tries to answer in her paper.