Topic: Nick Leeson
Caption: The Staves You wouldn't necessarily associate the British town of Watford with subtlety—its starry alumni include Vinnie Jones, Spice Girl...
Rogue trader Nick Leeson for the first time told his old boss "sorry" for single-handedly bringing down Barings Bank, in a face-to-face meeting to be broadcast Sunday.Peter Norris told Leeson he wanted to punch his "lights out" as the scale of ...
There probably are more trading strategies than traders! And a good strategy includes a sold preparation for them. So, a good strategy must incorporate a set of rules and forces their execution every single time! A good strategy is to check the ...
I view Rogue Trader as a confession by Nick Leeson. I like the way Nick Leeson shares his personal life in Rogue Trader. In Rogue Trader, Nick Leeson says, I hardly recognized the person who was supposed to be me. Nick Leeson ...
There has been a lot in the press recently about the pay received by members of the banking community, so recently after the near meltdown of the whole system in 2008. )?I think that it is important to remember that anyone who ...
British firm Barings Bank was one of the most venerable and respected banks in the world until its unexpected collapse in 1995 thanks to the actions of a single rogue trader, Nick Leeson. Like many financial institutions, Barings Bank was involved in ...
Forex money management is often talked about but equally often ignored by a lot of traders - names like Nick Leeson and Jerome Kerviel spring to mind as traders who risked rather more money than was sensible. But what can you do to ...
A derivative is a financial instrument that derives or gets it value from some real good or stock. For a small amount of money and taking on the obligation of a mortgage, a person gains control of a property of much larger ...
Rogue trading makes headlines. The idea of a single person losing millions and occasionally billions of dollars is always interesting, but it is...
John Rusnak and the Yen - $691 Million John Rusnak of Allfirst Financial found failure in the Japanese yen. Like Leeson, it was Rusnak's ability to work the regulatory system to conceal his losses that allowed him to do much more damage ...
