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   Barings Collapse
   















 

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Barings Collapse

The failure of Barings, a major U.K. investment bank, has been attributed to inadequately controlled speculation in Japanese stock index futures by a Singapore-based trader. Barings was rescued by ING, a major financial institution headquartered in The Netherlands. See also Windsor Declaration.

For a full description and analysis of the collapse of Barings, click "Introduction to Risk: More than just one man."

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