Publisher's Synopsis
In March 1995, the Barings Bank, banker to the Queen, was brought down by a lone employee - a derivatives trader in Singapore, Nick Leeson. This is the story of that collapse.;In detail, the authors have recreated the transactions and conversations leading up to the collapse and continue their account through the sale of what was left of Barings, the media recriminations, the official "investigations" and Leeson's day in a Singapore court. They also raise questions: How could one man be responsible for destroying one of the oldest merchant banks in the world? Why would Barings and the Bank of England be so quick to isolate Nick Leeson as the sole cause of the collapse?
