Nick Leeson

In this enlightening discussion, Nick Leeson, a former derivatives trader, shares his harrowing journey that led to the collapse of Barings Bank in 1995 after losing £862 million. He reveals how a small £10k loss spiraled into a massive cover-up, the fear that drove his risky decisions, and his life on the run. Nick talks about his time in a Singaporean prison, his transformation during those years, and the valuable lessons he learned about accountability and family, ultimately emphasizing the importance of integrity and honesty.

Join Nick Leeson, the former derivatives trader infamous for his role in Barings Bank's collapse, as he shares his journey from scandal to redemption. He discusses the potential risks of current financial deregulation, reflecting on how the banking landscape has evolved over the past three decades. Leeson dives into the psychological pressures he faced and the lessons learned about personal accountability. He also emphasizes the need for stronger risk management and the importance of seeking help in rebuilding one's reputation after significant fallouts.

In this engaging discussion, former trader Nick Leeson offers rare insights from his tumultuous past, while day trader Jason Sen shares practical strategies for navigating market volatility. Swing trader Charlie Burton emphasizes the critical role of mindset, and Paul Scott dives into price action techniques for consistency. The group reflects on the evolution from floor trading to electronic markets, explores the psychological challenges of trading today, and highlights the importance of community in overcoming difficulties in the fast-paced financial world.

Nick Leeson, a working-class kid from Watford turned infamous trader, shares his remarkable journey from being a financial superstar to a fugitive after the collapse of Barings Bank. He delves into the transformative effect of Thatcher’s Big Bang on London's financial landscape, creating both incredible opportunities and reckless decisions. The discussion highlights how this era of free-market capitalism fueled ambition—but ultimately led to downfall. Leeson reflects on the cultural shifts of the 80s and the lasting implications for today's economy.

In this discussion, guest Nick Leeson, the former rogue trader behind the Barings Bank collapse, shares his insights on current financial ethics and the increasing calls for deregulation. He reflects on the lessons from his past, emphasizing the importance of compliance and risk management today. Rosalind Matheson, Bloomberg’s EMEA News Director, analyzes the shifting dynamics of US-Russian relations amidst sanctions and the war in Ukraine, adding context to recent geopolitical tensions involving Israel and Hamas.