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The Collapse of Barings Bank

History of U.K. Investment Bank, Barings Bank, collaps that was caused by trading of derivates by trader, Nick Leeson.

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language english
wordcount 866 (cca 2 pages)
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Preview of the essay: The Collapse of Barings Bank

In 1995, one of the most established banks in England lost $2.2 billion and collapsed. The failure of Barings, a major U.K. investment bank, has been attributed to inadequately controlled speculation ...





... is quite hard to conclude, whether just more regulation could have helped. The problem at Barings was its inability to detach important jobs and supervise their internal control in a correct way. More international harmonization in this area is needed to deal with problem like this.
Essay is in categories

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Economics
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Finance
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Banking
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