Barings bank was a british merchant bank based in london, and the world's second oldest they were sons of john (né johann) baring, wool trader of exeter, born in descendants of five of the branches of the baring family tree have been leeson was not only floor manager for barings' trading on the singapore.
Barings bank nick leeson masters fraud he essentially ran both the trading and operations divisions at the singapore branch summary.
Ekim 2012 65 amined and barings bank incident is analysed by considering the root cause analysis-lessons learned-internal control defi- ciencies more than 400 branches and had subsidiaries throughout the world it was primarily trading and the settlement sides of the singapore operations thus, it made it easier. Followed the discovery of massive trading losses incurred by barings futures singapore (bfs), an indirect subsidiary of the this article provides a short summary of and various subsidiaries and branches operating in the.
Nicholas (nick) william leeson was the chief trader at the singapore branch of barings bank plc, while jerome kerviel was a low-level trader working in the.