Nick Leeson

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.

Nick Leeson, known as the 'Rogue Trader,' infamously caused the collapse of Barings Bank in the 1990s. He shares insights on the psychological toll of trading, emphasizing the importance of personal accountability and self-awareness. The discussion includes his dramatic escape from arrest, the chaos of his life as a trader, and lessons learned from immense financial losses. He also reflects on the emotional struggles in high-stakes trading and the need for discipline and routine to navigate market volatility.