There's been a movie about it starring Ewan McGregor ... 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 ...
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 ...
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 ...
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