![[금융학] 베어링스 은행(BARINGS) 파산사례(영문)-1](http://images.happyhaksul.com/thumb/504/503224-0001.gif)
![[금융학] 베어링스 은행(BARINGS) 파산사례(영문)-2](http://images.happyhaksul.com/thumb/504/503224-0002.gif)
![[금융학] 베어링스 은행(BARINGS) 파산사례(영문)-3](http://images.happyhaksul.com/thumb/504/503224-0003.gif)
![[금융학] 베어링스 은행(BARINGS) 파산사례(영문)-4](http://images.happyhaksul.com/thumb/504/503224-0004.gif)
![[금융학] 베어링스 은행(BARINGS) 파산사례(영문)-5](http://images.happyhaksul.com/thumb/504/503224-0005.gif)
![[금융학] 베어링스 은행(BARINGS) 파산사례(영문)-6](http://images.happyhaksul.com/thumb/504/503224-0006.gif)
분야
hwp2. Strategy of Nick Leeson
3. mistake and fault of barings (inadequate controls)
4. solution and plan to avoid financial accident (for nick leeson , barings case)
The trader was Nick Leeson. He had grown up in the Watford suburb of London.
After attending university, he landed a job as a clerk with an exclusive private bank, Coutts. Then he worked briefly for Morgan Stanley he worked in operations.
But shortly after joining Barings, he applied for and received a transfer to the Far East. His first task when he arrived was working through a back-office mess in Jakarta. Over a period of 10 months, Leeson worked his way through the certificates, addressing the problems and making delivery.
Leeson's accomplishments in Jakarta attracted the attention of Barings management. The Barings board decided to send to Asia in 1992.
In 1993, Nick Leeson was appointed general manager of the bank's Barings Futures subsidiary in Singapore.
As losses mounted, on 25 February 1995 he walked away, when he realized that bank was unable to make the cash payments required by the exchanges.
When Nick Leeson realized that his operations came to light he walked away, but he was arrested in March while on a stop-over in Germany.
On December 2, 1995, a Singapore court sentenced him to six-and-a-half years in prison but
