Breaking the Billion Dollar Barrier — Learning the Lessons of BNL, Daiwa, Barings and BCCI
Abstract
Corruption in banking — the topic of this paper, is at the very heart of such practices as money laundering. To illustrate this point, examined below are four specific cases, encountered by the author as an official of the US Federal Reserve. These cases are Banco Nazionale de Lavoro (BNL), The Daiwa Bank, Barings Bank and, of course, the Bank of Credit and Commerce International (BCCI).
Citation
Baxter, T.C. (1997), "Breaking the Billion Dollar Barrier — Learning the Lessons of BNL, Daiwa, Barings and BCCI", Journal of Money Laundering Control, Vol. 1 No. 1, pp. 15-25. https://doi.org/10.1108/eb027116
Publisher
:MCB UP Ltd
Copyright © 1997, MCB UP Limited