Collapse of Barings Bank
How did one trader destroy Barings?
4.7 (24)
35 mins
Explore the astonishing chain of mistakes that brought one of Britain's oldest financial institutions to its knees. Discover how Leeson's trading activities in Singapore spiraled out of control and how weak internal controls allowed him to operate with extraordinary freedom.
Ep 1:
Barings Bank's Final Hours
How a working-class kid from Watford, armed with scissors, glue and a secret spreadsheet, infiltrated Britain's oldest bank and set a 233-year empire on course for ruin.
Ep 2:
The Fraud That Fooled the Floor
Inside account 88888: the phantom clients, forged signatures, and gambler's logic that let one trader's hidden losses explode while Barings crowned him its star.
Ep 3:
The Rogue Trader Unravels
An earthquake, a doomed bet, a desperate flight to Borneo, and a prison cell in Singapore reveal who truly bears the blame for Barings' spectacular fall.
Discussions (5)
Brent
Level 8 · 1 week agoSo Barings gave Nick Leeson awards at a ceremony with Lee Kuan Yew while 95% of that volume was a secret fraud account. They literally handed trophies to their own destruction and clapped for it.
Haven
Level 4 · 1 week agoHe did fail his maths A level
Levi
Level 6 · 1 week agoBarings founded 1762 checks out
