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Another bank has failed—this time in Texas. You may not have seen it all over the news, but it’s the second U.S. bank to shut ...
A group of billionaires led by Peter Thiel plans to launch Erebor, a new bank serving startups and crypto firms, aiming to ...
Banking is an inherently risky business which has more that can go against it than an external investor can make out from ...
The collapse of Barings Bank remains one of the most infamous stories in financial history. At the center was Nick Leeson, a 28-year-old trader whose unchecked risk-taking led to the downfall of a ...
French bank Societe Generale says it has uncovered "massive" fraud by a Paris-based trader which resulted in a loss of 4.9bn euros ($7.1bn; £3.7bn). The bank said the fraud was based on simple ...
In this video, I explore the infamous case of Nick Leeson, the rogue trader who single-handedly brought down Barings Bank, Britain's oldest merchant bank, in 1995. This shocking financial disaster ...
We go back to 1995 and talk to those caught up in the collapse of Barings Bank, including Nick Leeson himself, the man whose £800m gamble went wrong.
(FLASH FRIDAY is a weekly content series looking at the past, present and future of capital markets trading and technology. FLASH FRIDAY is sponsored by Instinet, a Nomura company.) On February 24, ...
Three decades on from the collapse of Barings Bank the prospect of sweeping deregulation in the financial system risks paving the way for a repeat. That at least is the opinion of Nick Leeson, the ...
He lost £800million and brought down Barings Bank. Now, 30 years on, rogue trader NICK LEESON says: 'I'm not lying awake worrying about the victims' By JANE FRYER Published: 20:31 EDT, 9 February ...
How Leeson Brought Down Barings Bank Barings Bank was one of the first major international investment banks. Founded in the U.K. in 1762, it's perhaps best known for helping to finance the ...
Nick Leeson and the fall of Barings Bank (1995) The collapse of Barings Bank, one of Britain’s oldest financial institutions, was precipitated by the reckless actions of a single trader. Nick Leeson ...