Nick Leeson

Macquarie Group was fined millions for allowing a rogue trader, Travis Klein, to book 426 fictitious trades to hide his losses.

THE BOTTOM LINE

The original rogue trader’s comment: Compliance is still an afterthought

THIS February marks 30 years since my rogue trading rocked the financial system and cratered Barings, Britain’s oldest and most venerable bank. I racked up US$1 billion in losses right under the noses...

2024-12-16T13:30:00.000Z

Nick Leeson amassed losses of about US$1.4 billion when working for Barings in Singapore in 1995, leading to the bank’s failure and eventual sale to ING Groep for £1.

International

Nick Leeson, former rogue trader, is now a private spy

Nick Leeson, the former derivatives trader who brought down Barings Bank, has joined a corporate intelligence firm run by ex-Black Cube operative Seth Freedman.

2023-03-22T08:53:21.000Z

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