On February 24, 1995, Barings Bank received a fax from fugitive trader Nick Leeson. In the fax, Leeson apologized for his trading losses that would ultimately bring down the 223-year-old bank and ...
Curating today’s top interviews from around Bloomberg News. Hear conversations with the biggest names in finance, politics ...
As a growing chorus of bankers and politicians around the world demand the roll-back of crisis-era regulations, Nick Leeson — ...
Nick Leeson was Barings Bank's star trader on the Singapore International Monetary Exchage (SIMEX). He regularly reported huge profits. In truth though, he was gambling with the bank's money ...
A plasterer's son bankrupting super-posh Barings, which in the end was sold to Dutch bank ING for a single pound. Of course, 30 years is a long time. But the Nick Leeson sitting in front of me in ...
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Barings Goes Bust: How A Single Prop Trader Took Down One Of Britain's Oldest Banks"Don't put all your eggs in one basket" is a good lesson about ... In the early 1990s, Barings Bank sought to expand its operations and hired a young hotshot trader named Nick Leeson at its ...
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