Multiple choice general knowledge

Due to which natural disaster in January , 1995 , sis the Japaneese share prices collapse, leading to the collapse of barings Bank?

  1. A Landslide

  2. An earthquake

  3. A Flood

  4. A Thunderstorm
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The catastrophic Kobe earthquake (magnitude 6.9) on January 17, 1995 caused massive damage and triggered a collapse in Japanese stock prices. This market volatility contributed to Nick Leeson's huge losses at Barings Bank, as his speculative positions in Japanese derivatives went wrong, leading to the bank's collapse.

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