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Nick Leeson in advice giving mode, includes insight into: bank regulation and personal finance

Written by Ashwin Rattan Sunday, 19 August 2012 13:54
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Nick Leeson, the rogue trader who brought down Barings, talks money.

 

Nick Leeson, 45, is the original rogue trader. He lost £862m betting on the markets in 1995 and brought down Britain's oldest investment bank, 233-year-old Barings He then spent four years in a Singapore jail before being released early with life-threatening cancer.

 

Liquidators personally chased him for £100m and he was limited to earning less than £3,000 a month to stop them taking a cut. They stopped chasing him in 2005 and he earns about £80,000 a year the majority comes from after-dinner speaking.

 

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