Nick Leeson


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Nick Leeson

A derivatives broker employed in the Singapore office of Barings Bank, which, before Leeson was sent, had not actively traded on SIMEX before. Leeson was permitted to conduct arbitrage by buying futures on Nikkei and at the same time selling them on SIMEX. Instead, he made unhedged futures transactions on Nikkei and reported his losses as gains. His trading was exposed following large losses on Nikkei after an earthquake. His losses totaled more than $1 billion, twice Barings' available capital. He spent about three years in jail and was released in 1999. He was born in 1967.
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DISGRACED Barings Bank trader Nick Leeson was last night boasting about his time fleeing from the law - calling his scandal "bonkers".
The one thing I am already telling myself is that it is only for a few weeks rather than the four-and-a-half years I spent in prison"Former derivatives banker Nick Leeson, the rogue trader who caused the collapse of Barings Bank in 1995, on being a Celebrity Big Brother housemate "I don't know which of the royals it is going to be.
NICK Leeson, the infamous rogue trader who brought down Barings Bank, is to speak at a wealth conference in Macclesfield.
Kweku Adoboli, a former UBS (NYSE: UBS) trader imprisoned in 2012 for causing losses of about USD2.3bn to the Swiss bank, and Nick Leeson, a self-proclaimed 'original rogue trader', said that the new rules that would apply to bankers, asset managers and hedge funds would fail
Nick Leeson claimed Risk Team Limited would help "raise risk awareness around human behaviour, culture, conduct and corporate governance issues".
1995: Nick Leeson is sentenced for financial dealings which contributed to the fall of Britain's oldest merchant bank.
Which British bank collapsed in 1995 as a result of unwise derivatives trading by employee Nick Leeson? 10.
Remember Nick Leeson? He was the Barings Bank employee who provided an early warning of the trouble our own big banks would get into.
I was watching Rogue Trader the other day - it's the film of how Nick Leeson brought down Barings Bank.
But life's a journey, and it is important that you make the most of every opportunity' Nick Leeson's fascinating trading diary, page 9
Speculation and dreadful decisions led to the loss of millions of pounds at Baring's by the hapless Nick Leeson, who received a substantial prison sentence in Singapore.
Nick Leeson, the former trader who caused the collapse of Barings Bank in 1995, has landed the top job at Galway United Football Club in Ireland.