Baring Brothers and the Birth of Modern Finance

Baring Brothers and the Birth of Modern Finance

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In 1995, the Baring Brothers collapsed over a weekend, brought down by the 'rogue trader' Nick Leeson. Utilizing British and American archives, this work charts Baring Brothers development from wool merchants to one of the most powerful global financial institutions. It also analyses the errors which led to its downfall.When they met in London, Bates asked Ward to be American agent for the firm. ... the firm provided Ward with a yearly base salary of Ap1, 000 a€“ about $4, 800 a€“ which he could augment by joint financial and ... Ward was conscientious in his role as Baringsa#39; guide and agent from his post at Boston a€“ at times, strenuously so.


Title:Baring Brothers and the Birth of Modern Finance
Author: Peter E Austin
Publisher:Routledge - 2015-07-17
ISBN-13:

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