nick leeson

Sun, 03 May 2026 21:42:47 +0000

Nicholas William Leeson[2] () is an English former derivatives trader whose fraudulent, unauthorised and speculative trades resulted in the 1995 collapse of Barings Bank, the. Rogue trader Nick Leeson ran up millions of pounds of losses and brought about the collapse of Barings Bank. After admitting charges of forgery and cheating, he served four years in. Britains Barings Bank collapsed on , when a single employee, Nick Leeson, committed the bank to losses of roughly 830 million, from which it could not recover. Nick Leeson is a former derivatives trader who brought down Barings Bank, the United Kingdom's oldest merchant bank, in 1995.