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Topic: Business
Number of pages / Number of words: 7 / 1725
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Barings Bank therefore no longer has a separate corporate existence, although the Barings name still lived on as Baring Asset Management. BAM was split and sold by ING to MassMutual and Northern Trust in March 2005.

? Personal thoughts on this event

Perspective on the entire incident, we have the following revelation: to strengthen the internal management of financial institutions...


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In the financial history, it was a common place that a bank broken down. Generally speaking, a bank’s collapse is often due to its distempered company mechanism, and the accumulated problems come from the operators to the managers. Bahrain Bank Group as a company which has a long financial history in the United Kingdom and has played an important role to the United Kingdom’s economic, it was supposed to be operated under an efficiency regulation system, but in fact there were some serious abuses existed in its internal management...


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