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A tale of two banks

Article Abstract:

The economic difficulties at Barings PLC, brought about by questionable trading activities of the Singapore futures operation, may bring an end to the investment bank. Meanwhile, France is preparing to recapitalize the Credit Lyonnais bank that has troubles much greater than Barings.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1995

Investment Banking and Securities Dealing, Investment Banking, Security brokers and dealers, Investment banks, Barings PLC

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The bank, the studio, the mogul and the lawyers

Article Abstract:

Credit Lyonnais ran into major problems when it loaned huge sums to Italian financier Giancarlo Parretti when he owned the Metro-Goldwyn-Mayer film studio. Parretti turned out to be a disastrous boss, and the French bank is struggling to recoup its losses.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1993

Motion picture industry, Movie industry, Metro-Goldwyn-Mayer Pictures Inc.

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Subjects list: Banking industry, Finance, Credit Lyonnais

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