The Collapse of Barings Bank

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Jessie T

 

Date added:

March 11, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 957

 

Was viewed:

457 times

 

Rating of current essay:

 
Essay content:

These derivatives take the form of futures and options: A future is an agreement for the future delivery of a certain commodity/ financial instrument at a price set at the time of the contract. An option gives the purchaser the right, but not the obligation, to buy/sell a certain quantity of a specific asset at a fixed price at, or before, In this instance, Nick Leeson, a 28 year old trader at Barings Bank, made a bet that the Nikkei 225 would not drop below 19,000...
displayed 300 characters

Custom written essay

All essays are written from scratch by professional writers according to your instructions and delivered to your email on time. Prices start from $10.99/page

Order custom paper

Full essays database

You get access to all the essays and can view as many of them as you like for as little as $28.95/month

Buy database access

Order custom writing paper now!

  • Your research paper is written
    by certified writers
  • Your requirements and targets are
    always met
  • You are able to control the progress
    of your writing assignment
  • You get a chance to become an
    excellent student!

Get a price guote

 
 

During the morning of January 17, 1995, the city of Kobe, Japan was hit with a major earthquake. As a result, the Nikkei 225 plunged 7% in a week. Unbeknownst to senior management, Lesson had no hedge to protect the bank against an unexpected event such as this. The losses resulting from these transactions resulted in the loss of almost a billion dollars and wiped out the capital of Barings Bank...
displayed 300 characters

General issues of this essay:

Related essays:

x
Services