The chain of events which led to the collapse of Barings, Britain's oldest merchant bank, is a demonstration of how not to manage a derivatives operation.
 Barings, Britain's oldest merchant bank, had its headquarters in Glasgow.
( z1 headquarters :poss ( z2 bank :name ( z3 name :op "Barings" ) :domain ( z4 bank :mod ( z5 merchant ) :ARG1-of ( z6 have-degree :ARG2 ( z7 old ) :ARG3 ( z8 most ) :ARG5 ( z9 bank :location ( z10 country :name ( z11 name :op "Britain" ) ) ) ) ) ) :location ( z12 city :name ( z13 name :op "Glasgow" ) ) )