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Nicholas Leeson
- Nicholas Leeson (born 1967) is the rogue trader who famously caused the collapse of the UK-based Barings Bank. Leeson served four years in a Singapore jail but later bounced back to become CEO of the Irish football club Galway United. Leeson's success is notable because he didn't pursue further education after high school.
www.investopedia.com/articles/active-trading/041515/worlds-10-most-famous-traders-all-time.asp10 of the World's Most Famous Traders of All Time - Investopedia
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Mar 3, 2024 · Nicholas Leeson (born 1967) is the rogue trader who famously caused the collapse of the UK-based Barings Bank. Leeson served four years in a Singapore jail but later bounced back to become CEO...
- Dan Blystone
Nov 6, 2012 · Which brings us to perhaps the most-successful rogue trader of all time. In 1857, while working as an accountant for the firm of Duncan, Sherman—a position his Wall Street banker father,...
Dec 16, 2021 · Since Leeson, the biggest rogue trading scandals took place during the financial crisis. Goldman Sachs trader Fabrice Tourre, for example, was accused by the SEC of creating and selling a series of complex mortgage-backed bonds — dubbed Abacus 2007-AC1 — that were designed to fail, costing some investors large sums of money.
Sep 15, 2011 · Here are some of the world's most infamous rogue traders: Jerome Kerviel: Loss of £3.5bn. With the exception of the fraud perpetrated in Bernard Madoff's ponzi scheme, Kerviel's losses are reported to be the largest fraud in banking history.
Dec 18, 2022 · Nick Leeson is an English former derivatives trader most famous for his time at Barings Bank – one of the oldest financial institutions in the United Kingdom – where his fraudulent and unauthorized speculative trading led to the 1995 collapse and bankruptcy of the bank.
- Through his shameless trading activity, Nick Leeson caused Barings Bank to incur losses totaling an estimated $1.4 billion.
- The error account 88888 (the number 8 is considered lucky in Chinese culture) was initially established to hide losses resulting from his coworker'...
- Nick Leeson has been able to successfully capitalize on his experiences. He now works as an international business speaker, providing consulting se...
- According to Celebrity Net Worth, Nick Leeson’s net worth is reportedly around $3 million.
- The Barings Bank scandal occurred due to unauthorized and speculative derivative trading by Nick Leeson, an employee at the bank's Singapore office...
Nov 28, 2018 · A. In 1992, Nick Leeson, a 25-year-old Englishman, began a job in Singapore as a derivatives trader with Barings Bank, a 300-year-old British financial institution. But within three years, Leeson lost $1.2 billion worth of Barings' money and put the venerable old bank out of business.
May 19, 2024 · List of Rogue Traders. A list of known Rogue Traders. Known as Lady Acantha. Warrant of Trade was bestowed upon her by Ecclesiarch Umberto II. Has frequent dealings with the Mechanicum Forge World of Delphi. Also an Inquisitor.
