Nobody downloaded yet

Discuss the Collapse of the Barings Bank. The solution that led after the collapse - Research Paper Example

Comments (0) Cite this document
Summary
Its owners were of German origin – the Baring family of bankers and merchants. The bank collapsed in 1995 due to losses of £827 million ($ 1.3 billion) as a result of poor…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91.4% of users find it useful
Discuss the Collapse of the Barings Bank. The solution that led after the collapse
Read TextPreview

Extract of sample "Discuss the Collapse of the Barings Bank. The solution that led after the collapse"

Download file to see previous pages His superiors had approved his purchases on the Singapore markets, and immediate sales on the Japanese markets, whereby he could secure a small profit. On the contrary, he bought from the Singapore markets and held on to the stocks as a gamble on the future treads in the Japanese markets.
Based on the existing literature (Bair 2015), it is apparent that Barings bank was bought by the Dutch bank called ING, at a total of £1 and assumed all of the bank’s liabilities (Bair 2015). As a result, a subsidiary ING Barings, was formed. Huon’s (2015) study further revealed that ING sold its operations based in the USA to ABN Amro for $275 million. The rest of ING Barings, was integrated with its European banking division. By the year 2001, Barings Bank had only been left with Asset Management after selling operations stated above, and the rest being absorbed by ING Barings. ING went a step to split BAM and sold it to Mass Mutual and Northern Trust. Mass Mutual acquired BAM’s investment management activities, as well as the patent rights to use the Baring Asset Management name, whereas Northern Trust acquired BAMs financial services group.
In response to the conflicting question on whether they managed to fix the financial problem or not, recent research (Anon 2015) proved that Barings bank never regained its stability as a complete investment corporation. However, Barings name still lives on as the Mass Mutual Subsidiary; Barings Asset Management.
Further results (Glyn 2015) showed that the Bank’s private equity international, which included investment teams in India, Asia, and Latin America, was acquired by its respective management teams. These teams in the present days are Baring Vostock Capital Partners in Russia, GP investments in Brazil,Baring private equity in Asia and Baring Private Equity Partners in India.
In regard to Leeson; the man ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Discuss the Collapse of the Barings Bank. The solution that led after Research Paper”, n.d.)
Retrieved from https://studentshare.org/macro-microeconomics/1691774-discuss-the-collapse-of-the-barings-bank-the-solution-that-led-after-the-collapse
(Discuss the Collapse of the Barings Bank. The Solution That Led After Research Paper)
https://studentshare.org/macro-microeconomics/1691774-discuss-the-collapse-of-the-barings-bank-the-solution-that-led-after-the-collapse.
“Discuss the Collapse of the Barings Bank. The Solution That Led After Research Paper”, n.d. https://studentshare.org/macro-microeconomics/1691774-discuss-the-collapse-of-the-barings-bank-the-solution-that-led-after-the-collapse.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Discuss the Collapse of the Barings Bank. The solution that led after the collapse

Economic Collapse of 2008

...? The Economic Collapse of 2008 of the of the The Economic Collapse of 2008 Introduction Every once in a while comes an economic or financial event that stops us in our tracks, puts a brake on the system and challenges present wisdom. The new millennium had brought along with it new hopes and aspirations. However, the banking crisis of 2007-2008 precipitated the deepest global recession since the 1930s and has led to calls for significantly tighter controls over banks’ activities. All across the globe, people have been hit by food inflation, rise in unemployment and the vagaries of weather which have disrupted growth plans and the consistency of daily...
10 Pages(2500 words)Research Paper

Canterbury Television Building Collapse

... and Recommendations. Retrieved from canterbury.royalcommission.govt.nz/...9/.../Vol%206_Section%209.doc Summary and Recommendations in Volumes 5-7., Christchurch. The City and Approach to this Inquiry. Retrieved from http://canterbury.royalcommission.govt.nz/Final-Report-Volume-Five-Contents/Vol_5_Pt1-Page1-34 Section 6: Technical discussions on structure. Retrieved from http://canterbury.royalcommission.govt.nz/Final-Report-Volume-Six-Contents/Vol 6_Sections 6_to_end-Page-196-324/ Wright, M., Greenhill, M & Rutherford, H. (2012, December 11). Catalogue of errors in collapsed building. The Sydney Morning Herald (World). Retrieved from http://www.smh.com.au/world/catalogue-of-errors-in-collapsed-building-20121211-2b6o6.html... ? Canterbury...
7 Pages(1750 words)Assignment

Colony Collapse Disorder

... the billions of people all over the world. References Hamzelou, J. (2007). Where have all the bees gone? The Lancet, 370 (9588), 639. Lago, P. K. (2012). Honey bee colony health: Challenges and sustainable solutions. Choice, 49(9), 1678-1679. Vaughan, M., & Black, S. H. (2008). Native pollinators: HOW TO PROTECT AND ENHANCE HABITAT FOR NATIVE BEES. Native Plants Journal, 9(2), 80-91. Watanabe, M. E. (2008). Colony collapse disorder: Many suspects, no smoking gun. Bioscience, 58(5), 384-388. Watanabe, M. E. (2009). What's new with honeybees? Bioscience, 59(11), 1010.... ? Colony Collapse Disorder The phenomena known as colony collapse disorder (CCD) have been documented for many years and it seems tohave...
3 Pages(750 words)Case Study

Collapse of Communist rule

...? Collapse of Communist Rule Introduction If the Cold War can be considered a time of Communist expansion, the late 80s and early 90s can certainly be considered its downfall throughout much of the world. Seemingly one even after another cause the various regimes to reconsider the way the government in their respective governments operated, and a gradual move away from Communism resulted. This can be seen in the numerous countries of Eastern Europe that had adopted the Communist model, in addition to East Germany and certainly the former Soviet Union. Collapse of Communist Rule in Eastern Europe The end of the 1980s was certainly a time of immense change throughout the Eastern block of...
3 Pages(750 words)Essay

Financial collapse

...INTRODUCTION There may have been various causes of the Asian financial and economic crises of 1998.The enormity of the crises was such that currencies were devalued ,stocks markets were affected along with other asset prices in the economies within this region.Earlier on in 1994 an economist with Princeton university(formerly MIT) Paul Krugman had given a hint about the superficial nature of the supposed Asian economic miracle. According to Krugman a long term prosperity can only be ensured by a growth in total factor productivity as opposed to the growth in productivity brought about by capital investment. The Mexican Peso crises may lend credence to this argument with the after effect being the loss of confidence in...
6 Pages(1500 words)Essay

Collapse paper

...2Yusuke Yamashita Collapse paper The United s of America has one of the largest and most advanced economies in the world. Its Gross Domestic Product amounted to 11.75 trillion dollars in 2004 (CIA). Majority of the leading global companies originate from the US or are currently owned by American corporations. The US dollar has been a world standard in terms of foreign exchange rates for decades. This and a lot of other factors clearly highlight how powerful and significant is US economy on a world scale. They also infer how pervasive its effect on the world environment can be. Economic history of the United States of America extends over a period of less than two and half centuries. Over the course of this period, the...
5 Pages(1250 words)Essay

Economic Crime- Collapse of Franklin National Bank

.... The troubles started when the bank began to invest lots of money into commercial New York in 1964. After the banks entry into to the market, there was a real-estate collapse which resulted in huge losses to the bank. In the annual general meeting on July 1968 there was opposition from the share holders regarding the policies of Roth and thus he was forced to step down from the post. Harold Gleason replaced him as the new CEO. Cashing on the weak financial situation of the bank, in 1972, an Italian named Michele Sindona invested 40 billion dollars into the bank. He got a controlling interest in the...
8 Pages(2000 words)Essay

Collapse

...and summarization of the main points discussed in the whole paper. Thesis statement The author has succeeded in bringing out his message in the book. He has discussed the reasons as to why many societies collapsed especially in the 13th and 14th centuries. Some of the reasons as t why the societies collapsed include outbreak of deadly disease (Bubonic Plague), changes in climatic seasons, and war. Due to the above factors, many people in the societies lost their lives and this led to the reduction of people in the society. There is also the discussion of how the societies were able to recover from the loss. For one, there was...
4 Pages(1000 words)Essay

Collapse Paper

... number the paper Future medical systems Global warming and climate change comes with devastating effects among them global health care and the threat of submerged lands. The rise of atmospheric temperatures also means that tropical diseases will spread out to continents previously not affected. In addition as the ice in the arctic and poles melts the sea levels would raise and in the process “swallow” coastlines and displace populations worldwide (Alegre). On the other hand the world populations are growing and cities all over are becoming more complex. Heavy traffics on the roads almost all the time end up causing immobility in case if an emergency and therein lies the problem. Emergency medical evacuations will not be handled... number the ...
2 Pages(500 words)Assignment

Financial Markets after Enron and WorldCom Collapse

...Financial markets after Enron and WorldCom collapse The 1990s saw a tremendous stock market expansion in what was dubbed a tech bubble. However, by 2000 air began and then continued to leak out of this bubble the biggest of which was December 2001 fall of the seventh largest US Company, Enron. This was followed closely by WorldCom, one of the largest telecom companies in July 2002, (Roy and Walter, 53). Several changes have taken place since. First off, the ensuing public outrage revealed a questionable investor confidence in corporate management, regulatory bodies such as the Securities Exchange Commission, accounting and reporting practices for corporations, independence of auditors, pension and mutual...
2 Pages(500 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Research Paper on topic Discuss the Collapse of the Barings Bank. The solution that led after the collapse for FREE!

Contact Us