February 27.1995-The collapse of Barings Bank, UK
February 27, 1995 (28) seeing in the first month, the British Barings Bank collapse.
Lisen arrested by the police in Frankfurt, Germany, airport
1995 February 27, 2010, the Bank of England announced UK Business Investment Bank - Bahrain Bank closed down due to operational mistakes. The news immediately caused a series of strong fluctuations in the financial sector in Asia, Europe and the Americas. The Tokyo stock market of the pound against the mark exchange rate fell to the lowest point of the past two years, the London stock market also plunged in the New York Road - Jones index fell by 29 percent. The main responsibility of the incident by Nick - Lisen escaped.
Lisen Barings Bank, Singapore Branch, at the age of 28 years old, in the case of unauthorized subscription price of 70 billion dollars on behalf of the Bank of Japan's stock index futures and buy empty practices in the futures market in Japan to buy $ 20 billion worth of short-term interest rate bonds. If a few strokes of the transaction is successful, Lisen will derive enormous benefits, after the Kobe earthquake (on www.TodayOnHistory.com) Japanese bond market has been dropped. According to incomplete statistics, the Bank of Bahrain and the loss of more than 10 billion U.S. dollars, the figure has more than $ 860 million of the total value of the line of the existing Bank of Bahrain had declared bankruptcy. This home has a 233-year history, has played an important role to get the bank to exchange a new master in the United Kingdom. March 2, Police the Lisen arrested.
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