Rogue trader Nick Leeson bankrupts the 200 year old Barings merchant bank

Rogue trader Nick Leeson bankrupts the 200 year old Barings merchant bank

Barings Bank was the world’s second oldest merchant bank and was founded in 1762 by the Baring family of merchants and bankers. From its Cheapside and Mincing Lane offices in London’s Square Mile, the bank oversaw and financed the rapid growth of international trade as the major world powers jostled over the spoils of their…

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