Respond to the following:
- Describe a typical employee of BB & Co and BSL. How was Leeson’s behavior driven by the BSL
culture? - Did the bonus scheme contribute to Baring’s downfall? If so, how?
- How did Nick Leeson manage to lose 843 million pounds in just over two and a half years?
- How did the formation of BIB add to the problems?
- What were the problems with Baring’s matrix management system and how did they contribute to
the collapse of the bank?