Risk Management for Finance Sector Enterprises
View larger

Risk Management for Finance Sector Enterprises


  • Master
  • 4915

Short excerpt:

Barings Bank has remained one of the oldest mercantile banks in UK until its downfall in February 26, 1995. The measurement and management of risk is what stands as a major challenge for todays financial sector, and failure to properly handle this can entail disasters, as happened in this case. The main cause of the downfall of Baring Bank in the unfair practices of one of its dealers named Nick Leeson who misappropriated funds to the tune of 1.4 billion (Barings Bank and Nick Leeson n.d., p. 1). Barings Bank has faced several market risks including concentration of power in a single hand, monitoring of the daily activities, funding allocation, hedging of the position of the bank in the market and checking of the closing position and trading limits. (Article called Barings Bank and Nick

Protected by Copyscape

By buying this product you can collect up to 196 loyalty points. Your cart will total 196 loyalty points that can be converted into a voucher of $1.96.


Add to wishlist

30 other papers in the same category:

Related Products