Barings Bank: One Trader Destroyed 233 Years

It had survived the Napoleonic Wars, two World Wars, and the Great Depression. It took one twenty-eight year old trader with a secret account and a bad bet on the Kobe earthquake to bring it down in a single weekend.This episode of Dark Money: True Crime Finance goes inside the collapse of Barings Bank and the story of Nick Leeson — how account eighty-eight-eight-eight hid losses for nearly three years, how the Kobe earthquake triggered the final spiral, and why Britain's oldest merchant bank was sold for a single pound. We examine the catastrophic oversight failures that made the whole thing possible.Subscribe to Dark Money: True Crime Finance for new episodes every Monday and Wednesday.