Great Business Stories

Nick Leeson — The Barrow Boy Who Bankrupted a Bank


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This is a story I was completely enthralled by when it broke back in 1995. Leeson’s face was splashed across every newspaper in the days after he disappeared, having brought down Barings Bank by concealing massive losses and then trying to trade his way out of trouble — only to end up losing £827 million- about $1.3 billion.

It was nearly 30 years ago now, so I’d forgotten most of the details, which made revisiting it all the more fun. It’s a cracking story. Enjoy.


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Great Business StoriesBy Caemin

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