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He was bold, bright, alarmingly young and seemed to be making more money for Barings Bank than all the other ... I am not sure the Barings family would agree. Or all the shareholders and employees.
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How a 28-Year-Old Trader Brought Down Barings BankThe collapse of Barings Bank remains one of the most infamous stories in financial history. At the center was Nick Leeson, a 28-year-old trader whose unchecked risk-taking led to the downfall of a ...
FLASH FRIDAY is sponsored by Instinet, a Nomura company.) On February 24, 1995, Barings Bank received a fax from fugitive trader Nick Leeson. In the fax, Leeson apologized for his trading losses that ...
Barings Banks was a British merchant bank that collapsed in 1995 after a trader in its Singapore office, 28-year-old Nick Leeson, lost about $1.3 billion making unauthorized trades. Founded in ...
Three decades on from the collapse of Barings Bank, the prospect of sweeping deregulation in the financial system risks paving the way for a repeat. That at least is the opinion of Nick Leeson ...
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