Thursday, 7 April 2016

Part 2: Chase bank is under receivership

Below you will find links that will be able to explain different aspects of Chase Bank's recent events that led to it being placed under receivership.

There is a gentleman by the twitter handle Owahh who compiled Imperial bank's research analysis on what happened. You can be able to read the story here: Part 1, part 2, Part 3.

Also, Mwanwa has pointers 1-100 of what could have happened to chase bank. According to him, the analysis is based on the public  data provided by Chase Bank. You can go through his TL here

Certain questions such as why didn't the auditors see these issues, why did they not raise the alarm. To be able to understand auditors roles, Rookie, has outlined here

Bankele, also, has written a simplistic piece about Chase bank. The events that happened within 2 weeks, and the effect they had on Chase bank. You can be able to read that here


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