a recent Financial Institution (FI) failure
Task: You are required to select a recent Financial Institution (FI) failure and prepare
a position paper on your chosen FI.
As part of your report you must critically analyse the following areas as they apply to
your chosen bank.
A brief description of the event and immediate implications for stakeholders
Why the failure occurred?
What were the early signs and were they obvious?
What was the failed FI’s financial performance and position vis‐à‐vis industry peers
during the 5 years leading to the failure (use full annual financial reports)
The risk management strategies used and their effectiveness / implications
Could the failure have been avoided and how?
Can blame be laid at any party or parties?
Recovery / Turnaround strategy and implications OR Insolvency / Bankruptcy process