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 once minted its own currency.
( z1 mint :ARG0 ( z2 bank :name ( z3 name :op "Barings" ) :mod ( z4 bank :ARG0-of ( z5 merchandise ) :ARG1-of ( z6 have-degree :ARG2 ( z7 old ) :ARG3 ( z8 most ) :ARG5 ( z9 bank :location ( z10 country :name ( z11 name :op "Britain" ) ) ) ) ) ) )