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ISBN:9810068026
Author: Karen Heinrich,Luke Hunt
ISBN13: 978-9810068028
Title: Barings Lost
Format: lit azw lrf docx
ePUB size: 1176 kb
FB2 size: 1518 kb
DJVU size: 1713 kb
Language: English
Category: Business and Finance
Publisher: Butterworth-Heinemann (December 20, 1996)
Pages: 200

Barings Lost by Karen Heinrich,Luke Hunt



by Karen Heinrich (Author), Luke Hunt (Author). Find all the books, read about the author, and more. Are you an author? Learn about Author Central. ISBN-13: 978-9810068028. 7 people found this helpful.

In February 1995, Nick Leeson became an overnight celebrity. There is detailed discussion of derivatives and how they work, and how Barings entered the market, along with many other international players, to take advantage of the enormous potential profits. The reader will be able to see clearly why Leeson was not just a ordinary broker.

Soon after, Barings was sold . 0 and Leeson was heading for a Singapore jail. This compelling book outlines the history of the Bank, describing its rise to prominence in international banking over three centuries.

Barings Lost: Nick Leeson and the Collapse of Barings Pl. .Book: Jacque, Laurent .Global Derivative Debacles: From Theory to Malpractice.

Hunt, Luke; Heinrich, Karen (1996). Barings Lost: Nick Leeson and the Collapse of Barings Plc. Singapore: n Asia. Jacque, Laurent L. (2010). Singapore: World Scientific. ISBN 978-981-283-770-7.

References: Hunt, Luke, and Karen Heinrich (1996). Asia: Reed Academic Publishing. Rawnsley, Judith H. (1995). Total Risk: Nick Leeson and the Fall of Barings Bank. New York: Harper Business. Zhang, Peter G. Barings Bankruptcy and Financial Derivatives.

Aus 1800 067 877 nzl 0800 771 773 int +61 2.

Barings Bank was initially used to finance the family’s wool trading business, but then expanded to include shipping and all aspects of international trade. They failed to pick up on that because there was no complete reconciliation of Barings’ book. In addition, Barings settlement and treasury departments were never able to reconcile the top-up payments demanded by Leeson, and made no effective attempt to clarify exactly where the money was being directed. 8. References Hunt, Luke, and Karen Heinrich (1996).

Bank failures, Barings Bank, Fraud investigation, Merchant banks. Are you sure you want to remove Luke Hunt from your list?

Hunt, Luke; Karen Heinrich (1996). Barings Lost: Nick Leeson and the Collapse of Barings Pl.Rawnsley, Judith . Nicholas William Leeson (1995).

In February 1995, Nick Leeson became an overnight celebrity. Britains oldest merchant, Barings PLC, had crashed. Soon after, Barings was sold £1.00 and Leeson was heading for a Singapore jail. This compelling book outlines the history of the Bank, describing its rise to prominence in international banking over three centuries. There is detailed discussion of derivatives and how they work, and how Barings entered the market, along with many other international players, to take advantage of the enormous potential profits.There are four areas of coverage:1) The history of Barings Bank2) The functioning of the derivatives market3) Nick Leeson, and how he broke the bank4) What went wrongThe book looks at Leeson, his background and his career in the Bank. The reader will be able to see clearly why Leeson was not just a ordinary broker. The authors, having access to all the news reports about the collapse and having interviewed various people who knew him in Singapore, have pieced together a vivid picture of the man who broke the bank.The authors have analysed, in exhaustive detail, the rise of Nick Leeson, and the problems that arose from his handling of both back and front offices in the Singapore Operation. They take the position that many of the problems that arose, and the elaborate ruses that were designed to cover them up, would never have happened if Barings management had been differently organised, or had had a greater awareness of the pitfalls.The result of thousands of hours of research, Barings Lost raises as many questions as it answers, and is essential reading for anyone wanting to know the real story behind the Barings disaster.
Reviews: 3
Kalv
Superb, highlighting the failings of such imperialistic corporate structure and its shear arrogance disbelieving that one of "their own" could be such a bounder.

A good expose of early to mid 90's investment banking excess.
Thetath
I used this book to write a discussion of Organisational management - I felt the authors were very clear in their objectives and that it was a great book for understanding exactly what went on - an interesting and detailed account.
Vudogal
This was a great read, and a wonderful insight into Asia's greed. A gritty account.
Steve Coates, Hong Kong.