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Showing posts with label
settlement risk
.
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Showing posts with label
settlement risk
.
Show all posts
Wednesday 1 July 2015
BoE archives reveal little known lesson from the 1974 failure of Herstatt Bank
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From Bank Underground – “In June of 1974, a small German bank, Herstatt Bank, failed. While the bank itself was not large, its failure be...
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