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SCOUT· 67%1h 14m·2026-04-20·Money
SCOUT· 67%1h 14m·2026-04-20·MoneyI Lost £862 Million & Collapsed a 233-Year-Old Bank
Making Money
In 1995, Nick Leeson brought down the UK’s oldest merchant bank, Barings, with £862 million in hidden losses. The final hit to Barings was £827 million, triggering one of the biggest financial collapses in history. He explains how it really happened and how things spiralled over time. Was it fear of failure, the…
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