Course Category

• The use of unsound practices and improper structure that brought down Barings bank.
• The mechanics (both reported and unreported) of rogue trader Nick Leeson's trading operations on Singapore International Monetary Exchange (SIMEX) and Osaka Securities Exchange (OSE).
• The huge losses Kobe earthquake caused to Leeson's reported and unreported operations on SIMEX and OSE.
• How the application of VaR measurement methodology, the crisis could have been averted.

Metallgesellschaft

• The background of Metallgescellschaft case study
• Investment deals that led to its liquidity crisis.
• The strategies adopted by Metallgesellschaft
• Key lessons to be learnt from the case

LTCM

• Understand the details of the LTCM case.
• Follow lessons in Risk Management to be learned from LTCM.
• The corrective measures and recommendations of CPRMG and Basel Committee.

World Com

• WorldCom’s growth through acquisition strategy
• Accounting irregularities
• Loans to senior executives
• Role of analysts
• The hero of the case

Credit Lyonnais

• Problems at Credit Lyonnais
• Altus Finance and its dealings with US insurance industry
• MGM fiasco
• Real Estate Investments
• Risks / Objectives / Controls
• Creation of CDR: Asset Management Company

Bankers Trust

• Introduction of Bankers Trust
• Case history
• Analysis of the case
• Lessons learnt

Daiwa Bank

• The conspiracy and concealment of Daiwa’s $ 1.1 Billion Trading loss
• The Insufficient Risk Management and Internal Controls
• Lesson Learnt

Continental Illinois

• Case history of Continental Illinois
• Collapse of Penn Square Bank
• Mexico’s debt default
• Crisis at Continental Illinois
• Resolution of the problem

Orange County

• The Orange County case
• Investment techniques that led to the disaster
• Lessons learnt

US Savings & Loan Crisis

• The US Savings & Loan crisis
• Various factors that contributed to the S&L crisis
• Rescue of Savings and Loan industry
• Lessons learnt

Bankgesellscaft Berlin

• The case of Bankgesellschaft
• Timeline of the case
• Background of the case
• Cause of the problem
• Effects of the problem
• Lessons learned

California Power Crisis

• The California Power Crisis
• The major flawed assumptions that underpinned the crisis
• The factors explaining how the deregulation plan went wrong
• The lessons learnt

Group of 30 Study

• The use and risk associated with derivatives as financial instruments
• The purpose of the G30 report: 'Derivatives: Practices and Principles'
• The salient recommendations of the derivative report with reference to individuals, institutions and legislators.

PRMIA Standards of Best Practice, Conduct and Ethics

• The purpose of and need for a framework on ethical practice.
• The elements of the standards of best practice, conduct and ethics prescribed by PRMIA
• Guidelines on how to maintain high standards of professional conduct and ethics.

PRMIA Bylaws

• The constitution, organization and mission of PRMIA.
• Provisions relating to its members, Board of Directors and other officers of PRMIA

• Case study involving Riggs Bank
• Role played by the federal regulators
• Key findings of the investigations

National Australia Bank

• Losses at National Australia Bank
• How the losses occurred
• Analysis of the losses
• How the losses were concealed
• The impact of risk
• Who discovered the losses and how
• What went wrong
• The currency options business
• Warning signs from relevant reports

Powered by Kesdee