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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Nick Leeson claimed Risk Team Limited would help "raise risk awareness around human behaviour, culture, conduct and corporate governance issues".
ROGUE trader Nick Leeson has warned that dodgy dealing by City bankers is worse than ever before and will never be stamped out.
1995: Nick Leeson is sentenced for financial dealings which contributed to the fall of Britain's oldest merchant bank.
Nick Leeson, famed for his role in the collapse of Barings Bank, will be joining GDP Partnership as the principal of its Dublin office.
IN A case that hinted at the turmoil to come in the world's unregulated global financial markets, rogue trader Nick Leeson was jailed for six-and-a-half years in December 1995.
I was watching Rogue Trader the other day - it's the film of how Nick Leeson brought down Barings Bank.
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.
2 Nick Leeson was arrested for his part in the collapse of Barings Bank.
NICK Leeson, the futures trader who lost millions in dodgy dealings, is to advise Midland business leaders - on how to make money.
ROGUE trader Nick Leeson has praised Ireland for refusing to treat him like a criminal - while taking a potshot at the 'tight-arsed' English.
Essentially, Nick Leeson was placing bets on the bets other people were making on whether the Nikkei Stock Index would rise or fall.