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In "The Collapse of Barings," Stephen Fay explores the 1995 bankruptcy of Barings Bank, triggered by trader Nick Leeson's reckless speculations in Singapore. The book reveals a web of privilege and incompetence among Barings' directors, who relied on Leeson, ultimately leading to the bank's downfall and a shift in global finance.
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The Collapse of Barings, Stephen Fay
- Language
- Released
- 1997
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- (Paperback)
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- Title
- The Collapse of Barings
- Language
- English
- Authors
- Stephen Fay
- Publisher
- W. W. Norton & Company
- Released
- 1997
- Format
- Paperback
- ISBN13
- 9780393337402
- Category
- Business and Economics
- Description
- In "The Collapse of Barings," Stephen Fay explores the 1995 bankruptcy of Barings Bank, triggered by trader Nick Leeson's reckless speculations in Singapore. The book reveals a web of privilege and incompetence among Barings' directors, who relied on Leeson, ultimately leading to the bank's downfall and a shift in global finance.