Ten years ago
Spain investigates zinc losses at LME
Spain's national bourse commissioner, Comisión Nacional del Mercado de Valores, has opened an investigation into an extraordinary provision of 11.94bn pesetas made by Asturiana de Zinc to cover unrealised losses from open positions taken in zinc futures at London Mercantile Exchange (LME).
Ex-Barings staff contestRon Baker, Barings' ex-head of financial products,...