Barings, a subsidiary of Massachusetts Mutual Life Insurance, purchased RXR's 340 Madison Ave. at auction Thursday for about ...

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 ...

One market source who requested anonymity to preserve working relationships said Barings is likely to be more comfortable owning real estate like the Rise than a bank or a special servicer ...

About 300,000 square feet of office space is being marketed at 340 Madison, according to View the Space. RXR's loss of the ...