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... 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.
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.
Details
| language |  | english |
| wordcount |  | 866 (cca 2 pages) |
| contextual quality |  | N/A |
| language level |  | N/A |
| price |  | free |
| sources |  | 0 |
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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.
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Economics
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Finance
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