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Document Analysis and Data Insights by dhruvagarwal12 is a document available to read on EtoBox.
1. A rogue trader is a trader who acts independently and recklessly, usually to the detriment of their employer bank. They secretly make risky investments using bank money in an attempt to cover up losses. 2. Some of the largest rogue trader losses include £827 million by Nick Leeson at Barings Bank in 1995 and $2.6 billion by Yasuo Hamanaka at Sumitomo Corporation in 1996. 3. In India, Shivraj Puri duped investors of at least Rs. 400 crore while working at Citibank Gurgaon by forging documents and promi
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