How rogue trader nick leeson broke the bank twenty years ago nick leeson caused the collapse of barings the city s oldest merchant bank and banker to the queen.
Barings bank collapse movie.
Nicholas william leeson born 25 february 1967 is an english former derivatives trader notorious for bankrupting barings bank the united kingdom s oldest merchant bank he was a rogue trader who made fraudulent unauthorized and speculative trades and his actions led directly to the 1995 collapse of the bank for which he was sentenced to prison.
Barings collapse at 20.
When his employers barings bank offer him the opportunity to go to jakarta indonesia to sort out a problem that nobody else wants he seizes the opportunity with both hands.
Barings bank was a british merchant bank based in london and the world s second oldest merchant bank after berenberg bank baring s close collaborator and german representative it was founded in 1762 by francis baring a british born member of the german british baring family of merchants and bankers.
Nick leeson the bank s then 28 year old head of derivatives in singapore gambled.
Rogue trader is a 1999 british biographical drama film written and directed by james dearden and starring ewan mcgregor and anna friel the film centers in the life of former derivatives broker nick leeson and the 1995 collapse of barings bank it was based on leeson s 1996 book rogue trader.
Ambitious wide eyed boy nick leeson ewan mcgregor is determined to rise in the world and be more than a simple bank clerk.
Founded in 1762 barings bank was a united kingdom institution with worldwide reach.
In 1989 nick leeson was hired at barings where he prospered.
How nick leeson became barings bank s superstar nick leeson grew up in london s watford suburb and worked for morgan stanley after graduating from university.
How i brought down barings bank and shook the financial world.
The collapse of barings bank.
The bank collapsed in 1995 after suffering losses of 827 million 1 6 billion in 2019.
