The Rogue Trader Who Destroyed Barings Bank
Échec de l'ajout au panier.
Échec de l'ajout à la liste d'envies.
Échec de la suppression de la liste d’envies.
Échec du suivi du balado
Ne plus suivre le balado a échoué
The Rogue Trader Who Destroyed Barings Bank
-
Narrateur(s):
-
Auteur(s):
À propos de cet audio
In Nineteen Ninety Five, Barings Bank — the OLDEST bank in Britain, founded in Seventeen Sixty Two — collapsed in spectacular fashion. Not because of a war. Not because of a global panic. But because of ONE man.
Nick Leeson, a trader in Singapore, seemed unstoppable at first. He was Barings’ golden boy. But behind the façade, he was hiding massive losses in a secret account. Every bad trade buried deeper... every mistake doubled down.
And then came the Kobe earthquake. Markets plunged. Leeson’s bets imploded. The losses ballooned to ONE POINT THREE BILLION dollars — more than twice the bank’s capital. Within days, Barings was sold for ONE POUND.
This is the incredible true story of Nick Leeson... the rogue trader who destroyed a two-hundred-year-old institution. A cautionary tale of ambition, leverage, and hubris.