Barings Lost $1.2 Billion Because of What

question 7

Multiple Choice

Barings lost $1.2 billion because of what?

• A)a failure of risk controls in one of its foreign offices
• B)model risk in their VAR models
• C)fraudulent transactions
• D)regulators shut it down because of poor risk management
• E)speculating on German interest rates

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Definitions:

Intervention

An action or process of intervening, often aimed at improving a health condition or preventing adverse outcomes.

Best Practice

Techniques or methodologies that, through experience and research, have reliably led to desired or optimum outcomes.

Special Needs

A term for individuals who require additional or specific support due to physical, developmental, or emotional disabilities or challenges.

Integration

The process of combining parts or elements to form a whole, often used in the context of systems or social inclusion.