20 Traders Who Lost More than a Billion
Lost USD 9 Billion in Credit Default Swaps
Year: 2008
Trader: Howie Hubler
Company: Morgan Stanley
Lost USD 7.22 Billion in European Index Futures
Year: 2008
Trader: Jerome Kerviel
Company: Societe Generale
Lost USD 6.69...
The First Mobile Banking in Singapore
The first mobile banking in Singapore
The first mobile banking in Singapore was introduced by OCBC Bank in 1958.
Introducing the bank on wheels
OCBC Bank converted...
Nick Leeson bankrupt Barings Bank
Nick Leeson bankrupt Barings Bank
Since late 1992, Nick Leeson had been hiding trading losses in an account 88888. On 16 January 1995, Nick Leeson...
Bankruptcy of Lehman Brothers
Bankruptcy of Lehman Brothers
On September 15, 2008, 158 years old US investment banking giant Lehman Brothers Inc filed for bankruptcy.
At the time, it was...