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商科代写 |金融代写 Case study



这是一次分析各种商业案例的Case study代写

案例1:Barclays and LIBOR: Anatomy of a Scandal

On June 27, 2012, the storied British bank Barclays admitted that it repeatedly attempted to rig the London Interbank Offered Rate (LIBOR) over a four-year period from 2005-2009. The LIBOR was calculated daily, based on the rates at which 16 banks estimated they could borrow money.2 Barclays, as one of these banks, regularly submitted rates that were either falsely inflated or deflated, first with the aim of benefitting its trading positions and later, during the financial crisis, with the intention of projecting an image of strength and solvency. Tracy McDermott, acting director of enforcement and financial crime at the United Kingdom (U.K.) Financial Services Authority (FSA), stated: “Barclays’ misconduct was serious, widespread and extended over a number of years…Barclays’ behavior threatened the integrity of the rates with the risk of serious harm to other market participants.”3 In its settlement, Barclays agreed to pay $453 million in fines and penalties to bank regulators in the U.K. and U.S.4



From its inception in 1955, Berkshire Hathaway Inc. (Berkshire Hathaway) had grown by leaps and bounds in various sectors, including financial services, insurance, real estate, utilities, energy, and diversified manufacturing sectors. The company had become a conglomerate of more than 80 operating entities spread into various strata of business.2

Since 1965, Berkshire Hathaway Class A shares had, on average, grown by almost 21 per cent per year as measured against the Standard & Poor’s (S&P) 500, which itself had grown an average of 10 per cent per year. Thus, the company had achieved growth more than double the S&P index.3

The company existed as a primordial example of value-driven growth, but one with distinctive facets attributable not only to its phenomenal growth but also to its dividend policy. From its formation in 1955 until 2017, Berkshire Hathaway had never paid shareholders in the form of a cash dividend; yet, the company’s share price was among the highest in the world.4