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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.
The 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 ...