• Rogue Traders
    A RESERCH ON ROGUE TRADERS By Name of class Name of lecturer Institution City, state date Introduction Background of the study In the recent past, more than a few financial firms have suffered significant considerable losses seemingly due, at least in part, to workers who joked around...
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  • Management Information Systems Prentice-Hall, 2010. Isbn-13: 9780136078463 Managing the Digital Firm
    Below are the revised case lists for CS532 students using 11th Edition of text book. You will be asked to choose ONE of the following individual projects from each group, answering the questions posed at the end of the case: · (Individual) Due 7/19/11: (Choose one of the following) · Page 10-11 Virtual...
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  • A Rogue Trader at Societe Generale Roils the World Financial System
    A Rogue Trader at Societe Generale Roils the World Financial System Most Important Facts Surrounding the Case Societe Generale alias SocGen is one of the oldest and recognized financial firms in France and worldwide. SocGen employs more than 130,000 workers and has 22.5 million...
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  • John Kerviel's Scandal
    SOCIETE GENERALE: AN INSTRUCTIONAL CASE FOCUSING ON INTERNATIONAL ACCOUNTING AND AUDITING ISSUES Michael C. Knapp University of Oklahoma Carol A. Knapp University of Oklahoma ABSTRACT In late January 2008, Societe Generale, France‘s second largest bank, announced that it had incurred a 6.4 billion...
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  • Issue
    in 1995 due to its unauthorized trading and can’t meet its cash requirements. Massive losses incurred by Nick Leeson who was the chief derivatives trader of Barings Bank in Singapore. He supposed to exploit low-risk arbitrage opportunities that leverage price differences in similar equity derivatives...
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  • a rogue trader at societe generale roils the world financial system
    A Rogue Trader at Societe Generale Roils the World Financial System. 1. What concepts in this chapter are illustrated in this case? System vulnerabilities Computer crime: using computers as instruments of crime to defraud the bank, customers, and other financial institutions Internal threats from...
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  • Path-Roguetrading-Chapelle-31jan2012
    chapelle@gmail.com January 2012 The paths to rogue trading Abstract Internal fraud stories in dealing rooms follow strikingly similar patterns despite the passage of time, the complexity of new products and the evolution of risk management in financial markets activities. Based on hundreds of conversations...
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  • financial risk management
    Management United International College (UIC) FIN4030 Financial Risk Management Semester 1/2012 Individual Assignment Risks in Financial Industry & Financial Governance Background This course deals with the measurement of various types of financial risks arising from market-price fluctuations, defaultable...
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  • Audit Case
    internal control over financial reporting c a S eS inc lu de d in t hiS Se ction 5 155 155 165 169 177 185 195 5.1 Simply Steam, Co. 5.2 Easy Clean, Co. . . . . . . . . . . . . . . . . . . . . . . . . . . . Evaluation of Internal Control Environment . . . . . . . . . . . . . . . . . ....
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  • Societe Generale - Kerviel's Trade
    Advanced Auditing Case 5.7 SOCIETE GENERALE Questions 1 Using Auditing standards or your Textbook, define the following control – related terms:- a. Control environment b. Segregation of duties c. Restricted access d. Preventive and detective controls e. Design and operating...
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  • Rogue Trader Soc Gen Case Study
    Kerviel - New King of the Rogue traders How Why and Implications surrounding his actions Word Count – 2,439 SOC GEN Case Study Leeson, Iguchi, Rusnak….and now Kerviel has been unearthed as the new king of the rogue traders. His losses dwarfed that of Nick Leeson (Barings), John Rusnack...
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  • Corporate Risk
    Enron, Societe Generale, Orange County, Metallgesellschaft, UBS, Procter & Gamble and Long Term Capital Management (Kupriyanov, 1995). What is common amongst all these companies is that their losses were derivatives-related, and demonstrate a disturbing pattern of inadequate control systems and risk...
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  • Ubs Rogue Scandal
    UBS Rouge Trade Scandal In the view of some of the previous rouge trading scandals, in fact, the financial industry has taken major steps in the wake of such rogue trading incidents to prevent them from recurring, strengthening risk management and providing better oversight. However, the frequency...
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  • Corporate Transparency vs. Corporate Governance
    way to get ahead of everyone else, and many are willing to bend or even break laws to do it. The corporate world today advances the opportunity for corruption unlike any other arena in today’s world, save perhaps politics, but that topic is for another day. As society has matured throughout the centuries...
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  • Dsfcsdvcsdvdsvds
    A Rogue Trader at Societe General Roils the World Financial System 1. What concepts in this chapter are illustrated in this case? • Internal threats from employees: Kerviel had access to privileged information he was able to run through the organization’s system without leaving a trace ...
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  • Jerome Kerviel - Genius of Fraud
    with a specialization in organization and control of financial markets. According to a source at Lyon, there was nothing remarkable about him. He was a student like everyone else but didn't distinguish himself in any way. Kerviel began at Societe General in the middle office after receiving his Master's...
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  • Rogue Traders
    In the four scandals of the ‘rogue traders’ and their respective banks, factors leading to the incidents are similar. In the Barings Bank and Nick Leeson scandal, we see a high management person who rose up to a position after building up on his reputation. Being transferred to the securities department...
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  • Ethics Discussion: Financial Trading + Mail Order Brides
    1. 2. 3. 4. Financial Trading: Rouge Trading Financial Trading: Insider’s Trading Debate on “ Are Bank Bonuses Ethical?” Operation of Mail Order Brides Marriage Agencies Agenda Financial Trading: The Rogue Traders "Barings' collapse was due to the unauthorized and ultimately...
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  • Funds Raise Société Générale
    ___________________________________________________________________ [pic] Summary Introduction I. Présentation of Société Générale A) History B) Key information 1- Structure 2- Stock Information 3- Fianancial information ...
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  • Research Methods
    RESEARCH METHOD The e-reputation of the bank “SOCIETE GENERALE” How does the Société Générale manage its image on the net? Summary Introduction………………………………………………………………………………………………………………………….3 Part 1: The theoretical framework……………………….……………………………………………………………….4 1) Mental map…..…………………………………………………………………………………………………………...
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