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, was founded in 1612.
( z1 found :ARG1 ( z2 bank :name ( z3 name :op "Barings" ) :ARG1-of ( z4 have-degree :ARG2 ( z5 old ) :ARG3 ( z6 most ) :ARG5 ( z7 bank :mod ( z8 country :name ( z9 name :op "Britain" ) ) :mod ( z10 merchant ) ) ) ) :time ( z11 date-entity :year 1612 ) )