Preprint Brief Report Version 1 Preserved in Portico This version is not peer-reviewed

The Collapse of Barings Bank and Lehman Brothers Holdings INC: An Abridged Version

Version 1 : Received: 1 July 2020 / Approved: 2 July 2020 / Online: 2 July 2020 (13:01:52 CEST)
Version 2 : Received: 24 September 2020 / Approved: 24 September 2020 / Online: 24 September 2020 (12:16:56 CEST)
Version 3 : Received: 8 October 2020 / Approved: 8 October 2020 / Online: 8 October 2020 (09:38:17 CEST)

How to cite: Juabin, M. The Collapse of Barings Bank and Lehman Brothers Holdings INC: An Abridged Version. Preprints 2020, 2020070006. https://doi.org/10.20944/preprints202007.0006.v1 Juabin, M. The Collapse of Barings Bank and Lehman Brothers Holdings INC: An Abridged Version. Preprints 2020, 2020070006. https://doi.org/10.20944/preprints202007.0006.v1

Abstract

It is clear that bank crises occur when there is excess expenditure on investment due to low generated income emanating from bad credit management, market inefficiencies and operational risk. These undoubtedly trigger panic withdrawals by depositors for fear of bank collapse.In fact, the failure of these two banks is attributable to varied factors spanning from non-monitoring of employee activities, dubious accounting practices, unethical practices by management, over indulging in risky and unsecured investments in derivatives. It is recommended that, governments create legal rules to reduce externalities.

Keywords

Bank Collapse; Barings Bank; Lehman Bank; Derivatives

Subject

Business, Economics and Management, Finance

Comments (0)

We encourage comments and feedback from a broad range of readers. See criteria for comments and our Diversity statement.

Leave a public comment
Send a private comment to the author(s)
* All users must log in before leaving a comment
Views 0
Downloads 0
Comments 0
Metrics 0


×
Alerts
Notify me about updates to this article or when a peer-reviewed version is published.
We use cookies on our website to ensure you get the best experience.
Read more about our cookies here.