
Business 8th Edition by Marianne Jennings
Edition 8ISBN: 978-1285428710
Business 8th Edition by Marianne Jennings
Edition 8ISBN: 978-1285428710 Exercise 5
When the Barings Bank bankruptcy occurred in 1995, Nick Leeson, the trader responsible for the immense losses the bank experienced after heavy derivative investments, fled to Germany. He was brought back to Hong Kong, the site of his trades, for trial. He is a British citizen who was arrested in Germany. Describe all the principles and issues of international law involved in his arrest, return to, and eventual trial in Hong Kong. (Note: Mr. Leeson has been released from prison.)
Explanation
Nick Leeson was a derivative trader who ...
Business 8th Edition by Marianne Jennings
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