How Nick Leeson caused the collapse of Barings Bank

February 2007 , by Paul Monthe

In 1995, the financial markets were shaken by a massive scandal. Barings, one of the most prestigious banks in the United Kingdom is bankrupt following losses caused by Nick Leeson, one of its traders, aged 28 years.

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<p>I cant believe one man was given so much power as brilliant as he may have been I think Mr leesson should have stopped after the first loss and maybe looked at more secured investment options so as to cover the loss already (...)
Ezra [Private Banking]
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