Podcast appearances and mentions of Nick Leeson

On today's show: 9am-10am  Locals tell us their favourite memories of the area  Seamus Griffin tells us all about Rahoon in times gone by  We'll chat with Nick Leeson about how he ended up in Rahoon  

Nick Leeson, the man behind the $800M collapse of Barings Bank, joins Audit 15 Fun.We skip the headline story and dig into what internal auditors should've asked and seen, as well as what he wishes someone had asked.Simple things.Big consequences.

Thatcher and her capitalist dreamers' next big gamble was a radical shake-up of London's financial sector. They called it Big Bang. Seemingly overnight, the stuffy old City of London was replaced by a fast-paced world of risk-takers, rule-breakers, and yuppies brandishing mobile phones the size of their head. It was a golden age of capitalism, where fortunes were made at lightning speed and the stakes were just as high. Nick Leeson was a working-class kid from Watford who arrived at just the right time. By 1995 he was a superstar trader. He was a poster boy for Thatcher's Britain. Poor kid gets rich. But then something happened that turned him from a hero to a criminal on the run. Did the very thing that spurred on his success precipitate his downfall? And what did that mean for the Thatcherite revolution. This is a story of the boom and bust of the 80s.David Dimbleby traces the history of an idea that spans his life. It started on a chicken farm in Sussex, gained traction in the shadows of post-war London and rose to heights of excess in the new champagne bars of the City. It's 2025 and this once radical idea now defines every aspect of life in Britain. An idea that transformed the economy, politics and, ultimately, society itself.But how did it happen? Who are the little-known people behind it? What did they want? And - as Donald Trump threatens to overturn the global economic system - is the free market here to stay? Or are we entering a new era?Presenter: David Dimbleby Producer: Jo Barratt Executive Producers and Story Editors: Joe Sykes and Dasha Lisitsina Sound design: Peregrine Andrews Commissioning Editor: Dan ClarkeA Samizdat Audio production for BBC Radio 4

February 26, 1995. One of Britain's oldest and most prestigious banks collapses after suffering billion dollar losses on secret investments made by its employee Nick Leeson. This episode originally aired in 2024.Support the show! Join Into History for ad-free listening and more.History Daily is a co-production of Airship and Noiser.Go to HistoryDaily.com for more history, daily.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Three decades on from the collapse of Barings Bank the prospect of sweeping deregulation in the financial system risks paving the way for a repeat. That at least is the opinion of Nick Leeson, the former rogue derivatives trader who brought down one of the UK’s most venerated financial institutions. He sat down with Bloomberg Radio Anchor Caroline Hepker and Finance Reporter Will Shaw for an exclusive conversation about how banking has changed in thirty years, how he rebuilt his life after time in jail, and where he imagines the next 'rogue trader' might come from.See omnystudio.com/listener for privacy information.

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) The US signaled that sanctions relief for Russia could be on the table in talks over the war in Ukraine as President Donald Trump rushes toward a deal to end the three-year conflict.(2) Treasury Secretary Scott Bessent said that any move to boost the share of longer-term Treasuries in government debt issuance is some ways off, given current hurdles that include elevated inflation and the Federal Reserve’s quantitative tightening program. (3) Israel said a body returned as part of a ceasefire agre ement with Hamas was not that of a young mother taken hostage in October 2023, as the militant group had claimed. (4) Federal Reserve Bank of St. Louis President Alberto Musalem said policy should remain “modestly restrictive” until it’s clear inflation is on track to the central bank’s 2% target, and that he sees increased risks that progress may stall or even reverse.(5) Citigroup is ending workplace representation goals and removing requirements to interview job candidates from diverse backgrounds, citing pressure from the Trump administration.(6) As a growing chorus of bankers and politicians around the world demand the roll-back of crisis-era regulations, Nick Leeson — the former rogue derivatives trader who brought down one of the UK’s most venerated financial institutions — is starting to get worried.Watch the full Nick Leeson interview: https://www.youtube.com/watch?v=jvqVzH__p0ASee omnystudio.com/listener for privacy information.

SHOPIFY: Sign up for a £1-per-month trial period at https://www.shopify.co.uk/shaun Nick on YouTube Rogue Trader Podcast: https://www.youtube.com/@RogueTraderP... Nick's book: https://www.amazon.co.uk/Rogue-Trader... Rogue Trader the movie stars Ewan McGregor as Nick Leeson, a young British man working at Barings, a major investment bank. Sent to Singapore and placed in a position of authority at the bank's branch there, Leeson takes advantage of the thriving Asian market to make risky trades. Before long, he's in over his head and tries to hide the losses. Fleeing the country with his beautiful wife, Lisa (Anna Friel), Leeson eventually has to face the consequences of his actions in brutal prison conditions. Shaun Attwood's social media & book links: https://linktr.ee/shaunattwood Sitdowns with Gangsters book: https://geni.us/SitdownswithGangsters Join this channel to get access to perks: https://www.youtube.com/channel/UC0pd... Please subscribe to our FAMILY channel: https://www.youtube.com/@AttwoodFamily Watch our true crime podcasts: https://www.youtube.com/playlist?list... Watch our interview with Robbie Williams: https://www.youtube.com/watch?v=QPDzj... Watch our Royal Family videos here: https://www.youtube.com/playlist?list... Our donation links: Patreon: https://www.patreon.com/shaunattwood PayPal: https://www.paypal.me/SAttwood Shaun's books: https://shaunattwood.com/shaun/books/ #royal #bank #news #singapore #london #podcast #truecrime #prison

In this episode, we unravel the gripping story of Nick Leeson, the infamous rogue trader whose unchecked ambition and high-risk strategies led to the catastrophic collapse of Barings Bank, one of Britain's oldest and most prestigious financial institutions. From his rapid rise through the ranks to the devastating fallout of his actions, Leeson's tale is a cautionary story of hubris, deception, and the failure of financial oversight. We begin by exploring Leeson's early career, his move to Singapore, and his rapid ascension at Barings Bank. A seemingly brilliant trader, he was trusted to run operations and manage trades for the bank. However, behind the scenes, Leeson was secretly amassing losses in a hidden account, taking increasingly reckless gambles in a desperate bid to recover. The episode delves into the events that led to the unraveling of Leeson's deception, focusing on the collapse of the Japanese stock market in 1995. This catastrophic event exposed the massive $1.4 billion hole in Barings' finances, caused by Leeson's unauthorized trades. We examine how his actions—and the bank's lack of oversight—created a perfect storm that ultimately led to Barings' downfall. We also explore the aftermath of the scandal, including Leeson's dramatic escape from Singapore, his subsequent arrest, and the six-and-a-half years he spent in prison. We reflect on the personal toll of his actions, both on Leeson and those around him, and the broader implications for the financial world. His story forced banks and regulators to rethink risk management, internal controls, and accountability within the trading world. Join us as we dive into this dramatic tale of ambition and excess, examining how one man's actions brought down a centuries-old institution. This episode isn't just about Leeson's infamous trades—it's a deep look at the human and systemic failures that allowed his actions to go unchecked, and the lessons the financial world continues to learn from his legacy.   Talk2TheHand is an independent throwback podcast run by husband and wife, Jimmy and Beth. Obsessed with 90s nostalgia and 90s celebrities, we'll rewind the years and take you back to the greatest era of our lives.   New episodes bursting with nostalgia of the 90s released on Tuesdays. Please subscribe to our podcast and we'll keep you gooey in 1990s love. Find us on Twitter @talk2thehandpod or email us at jimmy@talk2thehand.co.uk or beth@talk2thehand.co.uk

What is stranger than fiction? The stories of worldwide corruption. In this podcast series, co-hosts Tom Fox, the Voice of Compliance and Mike DeBernardis, partner at Hughes Hubbard, discuss some of the most audacious corruption cases in anti-corruption enforcement. More importantly, they will discuss the lessons learned on what your organization can do to prevent running afoul of international anti-bribery laws. In this episode of Season 2, Tom and Mike explore the Barings Bank scandal The focus is on the actions of Nick Leeson, a trader who single-handedly bankrupted the historic institution. The discussion highlights the critical mistakes made by the bank, including a lack of oversight and the dangerous combination of trading and settlement roles. The podast also explores the broader implications for compliance and risk management in financial institutions, emphasizing the importance of segregation of duties and the pressures that can lead to unethical behavior. Key Highlights: The Rise and Fall of Barings Bank The Role of Oversight in Financial Institutions Lessons Learned from the Barings Bank Scandal How does the Fraud Triangle apply? Segregation of Duties-as basic a control as you can have in place Memorable Quotes (all from Mike DeBernardis) “Nick single-handedly bankrupted the oldest merchant bank.” “He was a golden boy trader making tons of money.” “Barings Bank was sold for one pound.” Resources: Mike DeBernardis on LinkedIn Hughes Hubbard & Reed Tom Fox Instagram Facebook YouTube Twitter LinkedIn Texas Tax rate at 80% of 8.25%

Ep #52 with Oonagh van den Berg (RAW Compliance)Oonagh van den Berg, a seasoned international compliance professional, is the founder of RAW Compliance, a consultancy and training firm. With a legal background and two decades of experience in London, Hong Kong, and Singapore, Oonagh has become a respected figure in the compliance industry. Her upbringing in Northern Ireland during the violent era of "The Troubles" in the 1980s shaped her resilience and determination, leading her to a career as a lawyer, compliance officer, recruiter, consultant, and educator. In this episode of Regulatory Ramblings, Oonagh discusses with Ajay Shamdasani the critical role of artificial intelligence (AI) in combating financial scams, deepfakes, and sextortion. These issues have become increasingly prevalent, especially in the dark corners of Web3. Oonagh's perspective is deeply personal, as her 13-year-old daughter and friends recently fell victim to blackmail after sharing innocent photos on Snapchat. This experience has driven her to raise awareness and produce educational videos through RAW Compliance, targeting pre-teens, teenagers, and young adults to prevent similar incidents. A Europol poll highlights the growing use of AI by cybercriminals to commit complex and dangerous crimes. Malicious large language models (LLMs) are being utilized to craft scripts, phishing emails, and fraud advertisements, as well as to groom victims across language barriers. The rise of AI-altered and fully artificial child sexual abuse materials, which are increasingly realistic, has led to devastating consequences, including blackmail and suicides. Oonagh also touches on her firm's groundbreaking collaboration with Nick Leeson, the infamous former Barrings trader, to support victims of financial scams and assist in asset recovery. Together, they aim to provide the necessary help and guidance for victims to reclaim their financial futures.  She also criticizes banks for their insufficient efforts in helping scam victims, citing outdated technology and inadequate fraud detection systems. The scale of financial crime is alarming, with over 3.5 million people in the UK affected annually, leading to losses exceeding £1.2 billion. The problem is similarly severe across Europe and the US, with losses reaching billions of euros and dollars, respectively. The conversation explores how financial institutions can navigate evolving regulations, monitor for child sexual abuse materials (CSAM), and investigate human trafficking within both traditional and decentralized financial systems. Oonagh emphasizes the challenges of global technology use in combating these crimes and provides estimates on the total value of suspected CSAM transactions using fiat versus cryptocurrency. Oonagh concludes by highlighting the financial sector's failure to take responsibility for anti-money laundering, human trafficking, and financial scams. She stresses the importance of understanding suspicious red flags and typologies that can aid in investigations, a crucial takeaway for both traditional financial crime compliance professionals and blockchain investigators. HKU FinTech is the leading fintech research and education in Asia. Learn more at www.hkufintech.com.

Welcome to this week's episode of the Money and Investing Show, hosted by Andrew Baxter and co-host Mitch Olarenshaw. This week, we take a lighthearted yet insightful dive into the world of finance as portrayed in Hollywood movies. We kick off with an in-depth discussion about the infamous Jordan Belfort from "The Wolf of Wall Street," played by Leonardo DiCaprio. Learn about Belfort's rise and fall, the illegal tactics used, and the real-life lessons investors can take away. Next, we turn our attention to the movie Margin Call, featuring Jeremy Irons. Set against the backdrop of the GFC, this film offers a stark look at the high-stakes decisions made in the financial sector and the importance of being first in the market. We also explore "The Big Short," with Christian Bale portraying Michael Burry, who predicted the housing market collapse. Understand the courage to go against the grain and the importance of thorough research. Finally, we delve into the story of Nick Leeson, the rogue trader whose actions led to the collapse of Barings Bank. Learn about the catastrophic consequences of poor risk management and lack of oversight. Join us for an episode filled with valuable lessons from some of the most iconic finance movies. Take notes and, most importantly, take action to apply these lessons to your own investing strategies. Subscribe to our Channel: https://www.youtube.com/channel/UCfmaldKMEUc5qXeIQ7zEBeA?sub_confirmation=1   FREE Online Training with Andrew Baxter: https://bit.ly/cod-online   Subscribe to Money and Investing Podcast: http://www.moneyandinvesting.com.au/   The Wealth Playbook: Your Ultimate Guide to Financial Security: https://www.wealthplaybook.com.au/  The Wealth Playbook on Audible: https://www.audible.com.au/pd/The-Wealth-Playbook-Audiobook/B0CXYYWZTB?qid=1711282387      

Barings Bank is on the brink of collapse. And it doesn't take long for those at the top to work out who has left them penniless. Once, Nick Leeson was the historic bank's most successful trader. Now, he's a man on the run.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Nick Leeson's losses are getting out of hand. And he's under more pressure than ever to make money - not lose it. Then, disaster strikes. The bank announces an audit of all its accounts. Nick is going to have to take one hell of a risk to get himself back on track.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

British Scandal is celebrating its third birthday! To mark the occasion we are revisiting one of our favourite ever seasons. The story of a young man who bankrupted Britain's oldest bank.It's the early 90s and Nick Leeson is rising through the ranks at Barings. He's not the only employee pulling some risky financial moves. But when Leeson gets himself into a hole, he doesn't know when to stop digging. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

February 26, 1995. One of Britain's oldest and most prestigious banks collapses after suffering billion dollar losses on secret investments made by its employee Nick Leeson.Support the show! Join Into History for ad-free listening and more.History Daily is a co-production of Airship and Noiser.Go to HistoryDaily.com for more history, daily.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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เชื่อหรือไม่? ประวัติศาสตร์ 223 ปีของธนาคารเก่าแก่ที่สุดแห่งหนึ่งในสหราชอาณาจักร สามารถพังทลายลงเพียงเพราะความไว้วางใจในตัวชายคนหนึ่ง ที่ธนาคารมอบอำนาจให้เขาซื้อขายอนุพันธ์ได้อย่างอิสระ  Nick Leeson เป็นนักเก็งกำไรสายซิ่งที่ต้องการสร้างรายได้ให้กับธนาคาร (และตัวเอง) แบบมหาศาล ด้วยความบ้าบิ่นลงเดิมพันสู้กับความเสี่ยง แต่เรื่องกลับตาลปัตร เพราะยิ่งเทรดยิ่งขาดทุน มิหนำซ้ำยังปิดบังความผิดแบบไม่ให้ใครรู้ เพราะหวังจะเอาผลขาดทุนกลับคืนมาให้ได้ แต่โชคกลับไม่เข้าข้างเขา เพราะธรรมชาติยิ่งใหญ่กว่ามนุษย์เสมอ นิสัยการเทรดแบบบ้าบิ่น และความมั่นใจแบบเปี่ยมล้น เลยนำพา “ความวินาศครั้งใหญ่” ที่ธนาคารเก่าแก่ไม่อาจหลีกเลี่ยงได้ จนชื่อของเขากลายเป็นที่พูดถึงบนหน้าประวัติศาสตร์ของการล้มละลายครั้งนี้ #SalmonPodcast #MoneyArmageddon #วันเงินตราวินาศ #DPA #สถาบันคุ้มครองเงินฝาก #พร้อมคุ้มครองเคียงข้างคุณ #NickLeeson #RogueTrader Learn more about your ad choices. Visit megaphone.fm/adchoices

In the fourteenth episode of Season three of History's Greatest Idiots, Lev and Derek look at the life and ongoing crimes of France's most suave conman (Christopher Rocancourt), and rediscover the moment in history where one rogue trader brought down a 200 year old bank in one day (Nick Leeson) Join our Patreon for Exclusive Content and Gifts! ⁠https://www.patreon.com/HistorysGreatestIdiotshttps://www.instagram.com/historysgreatestidiots⁠ Follow us on Social Media ⁠https://www.twitter.com/greatestidiots⁠ ⁠https://www.instagram.com/historysgreatestidiots⁠ Hosts: Lev & Derek ⁠https://linktr.ee/Lev_Myskin⁠ ⁠https://linktr.ee/ThatEffnGuy⁠ Artist: Sarah Chey ⁠https://www.fiverr.com/sarahchey⁠ Animation: Daniel Wilson ⁠https://www.instagram.com/wilson_the_wilson⁠ Music: Andrew Wilson ⁠https://www.instagram.com/andrews_electric_sheep --- Support this podcast: https://podcasters.spotify.com/pod/show/historysgreatestidiots/support

In the fourteenth episode of Season three of History's Greatest Idiots, Lev and Derek look at the life and ongoing crimes of France's most suave conman (Christopher Rocancourt), and rediscover the moment in history where one rogue trader brought down a 200 year old bank in one day (Nick Leeson) Join our Patreon for Exclusive Content and Gifts! ⁠https://www.patreon.com/HistorysGreatestIdiotshttps://www.instagram.com/historysgreatestidiots⁠ Follow us on Social Media ⁠https://www.twitter.com/greatestidiots⁠ ⁠https://www.instagram.com/historysgreatestidiots⁠ Hosts: Lev & Derek ⁠https://linktr.ee/Lev_Myskin⁠ ⁠https://linktr.ee/ThatEffnGuy⁠ Artist: Sarah Chey ⁠https://www.fiverr.com/sarahchey⁠ Animation: Daniel Wilson ⁠https://www.instagram.com/wilson_the_wilson⁠ Music: Andrew Wilson ⁠https://www.instagram.com/andrews_electric_sheep --- Support this podcast: https://podcasters.spotify.com/pod/show/historysgreatestidiots/support

The man who brought down Barings Bank in the mid-1990s is Gabby's guest this week. Nick Leeson racked up and concealed losses of more than £800 million in illegal trades, and looks back on the cultural shift in the financial industry, why he's not great at saving money, and why he encourages his children to ask for help if they need it.Subscribe to the show for free to and listen to other episodes from series one and two, featuring Alastair Campbell, Rachel Riley and Richard Curtis. The ii Family Money Show is brought to you by interactive investor (ii). This episode was recorded in March 2023. Follow interactive investor:Twitter @ii_coukFacebook /weareiiInstagram @interactive_investor Follow Gabby:Twitter @GabbyLoganInstagram @gabbylogan Important information:This material is intended for educational purposes only and is not investment research or a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy. The value of your investments can rise as well as fall, and you could get back less than you invested. The investments referred to may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser. Pension and tax rules depend on your circumstances and may change in future. Past performance is not a guide to future performance. Interactive Investor Services Limited is authorised and regulated by the Financial Conduct Authority.

Think you have some challenges as an AD ? Today we visit with Nick Leeson, CAA - former College and Pro Long Snapper - who is the AD at The American International School in Abuja, Nigeria. Nick talks about Scheduling, Traveling, Tournaments, and Invasions on this episode of The Educational AD Podcast! --- Send in a voice message: https://podcasters.spotify.com/pod/show/educational-ad-podcast/message Support this podcast: https://podcasters.spotify.com/pod/show/educational-ad-podcast/support

Da momentan Banken DAS dominierende Thema an den Märkten sind, haben sich die Babos heute mal mit dem Thema Banken und deren Krisen beschäftigt. Wie viele Bankenkrisen gab es und wann war die Erste? Wir glauben, die Antwort wird euch überraschen. Die Babos versuchen ein wenig Licht ins Dunkel zu bekommen und sprechen heute über Liquidität, Solvabilität, Regulierung und Gier. Einige Topstars der Bankenbranche werden auch in Erinnerung gerufen - Jerome Kerviel, Nick Leeson, Kweku Adoboli usw. usw. - wenn ihr die Namen nicht kennt, aber auch sonst, müsst ihr die Folge unbedingt hören! Viel Spaß und vor allem vielen Dank fürs lauschen

Red Richardson, the man, the legend is back, and takes us back to 1967, with the birth of Rogue trader Nick Leeson whose training collapsed Britains oldest merchant bank, 10,000 people join together In New York's Central Park on New Year's Eve for a "Be-In" to protest against racism and the Vietnam War, Ronald Ryan becomes the last man hanged in Australia, for murdering a guard while escaping from prison in December 1965 and also the birth of 2 music legends in their own right, Kurt Cobain and R.Kelly. Sign up now to our Patreon for early access, bonus weekly episodes not available anywhere else, posters, cameo messages, free tickets to online shows and discounts to live shows and much more - https://www.patreon.com/theyearispodWhat obscure or significant events from the pod have we missed from 1967? Let us know your favourite historical facts from that year, or if have any suggestions for other years for us to do an episode on send us an email to theyearispodcast@gmail.com Get bonus content on Patreon Hosted on Acast. See acast.com/privacy for more information.

Nick Leeson is CEO of Bull & Bear Capital and former derivatives trader notorious for the collapse of Barings Bank, the United Kingdom's oldest merchant bank. Nick was the “Rogue Trader” who made fraudulent, unauthorized and speculative trades, and his actions led directly to the 1995 collapse of the bank, for which he was sentenced to prison in Singapore.⏺️ Voics: https://www.voics.co/

A los más jóvenes es probable que el nombre de Nick Leeson ni siquiera les suene. Pero fue el protagonista del primer gran escándalo financiero de la era moderna, allá por los 90. Un fraude que se llevó por delante la entidad para la que trabajaba, Barings Bank, la más antigua de Reino Unido, y entre cuyos clientes estaba la antigua reina de Inglaterra, Isabel II.Todo ocurrió en 1995, y todo fue, básicamente, un fraude. Leeson, nacido en Watford, Reino Unido, empezó a trabajar como empleado de banca privada en Coutts, cuando no tenía ni 20 años. En 1987 se incorporó a Morgan Stanley, donde estuvo dos años más, hasta que en 1989 llegó a Baring Brothers.Y empieza la debacle. En 1992, cuando ya acumulaba algunos años de experiencia en la bolsa a pesar de su juventud, Barings le nombra gerente general de una nueva operativa de mercados de futuros en Singapur. Lo que ni él ni el banco revelaron entonces es que en Reino Unido le habían denegado la licencia de corredor de bolsa, por un fraude en su solicitud. En un principio, Leeson se dedicó a invertir en el mercado de futuros del Nikkei japonés, y con buenos resultados. Pero, al mismo tiempo, y casi desde el principio, también realizó operaciones especulativas no autorizadas, que también le estaban dando grandes beneficios a Barings. Los 10 millones de libras que obtuvo equivalían al 10% de las ganancias anuales del banco. Gracias a ese éxito logró un bonus de 130.000 libras, que superaba por mucho a los 50.000 libras anuales que tenía de sueldo.Cuenta la leyenda, difundida por el propio Leeson, que todo empezó a complicarse por un acto de solidaridad. Tenía a una joven ayudante, Kim Wong, de origen chino. Él quería contratar a alguien de más experiencia, pero su jefe prefería a alguien que cobrase poco, como pasaba con Wong, cuyo salario era solo de 4.000 libras anuales.En una tarde especialmente complicada, con el aire acondicionado estropeado y mucho estrés, Wong cometió un error: vendió 20 contratos en lugar de comprarlos, como el cliente había pedido. Un error de 20.000 libras. Para proteger a su compañera, Leeson creó una cuenta falsa, a la que llamó 88888. Su objetivo, consciente de que no era un fallo tan grande, era ocultarlo en esa cuenta hasta poder subsanarlo. Lejos de solventar ese error, Leeson empezó a usar esa cuenta para ocultar otras operaciones deficitarias que estaba llevando a cabo él mismo. Para el final de 1992, las pérdida de esa cuenta superaban los 2 millones de libras. Pero no pasaba nada, ya había resuelto situaciones más complicadas otras veces. Como cuando, estando largo en el Nikkei, el mercado se hundió en picado. Trató de comprar más para compensarlo, pero llegó un momento en el que se quedó sin dinero para cubrir las garantías de su posición, como recuerdan desde Finect. Para lograr capital, y aprovechando el apetito de mercado por invertir a la baja en el Nikkei, decidió vender opciones de venta, y utilizar esas primas para pagar las garantías de sus futuros del Nikkei. El mercado comenzó a subir, y logró recuperar todas las pérdidas acumuladas.Leeson creía que había encontrado una fórmula infalible, así que empieza a repetir la operación, ya para incrementar sus beneficios y no para cubrir pérdidas. Sus posiciones llegaron a representar el 40% de este mercado. Y le iba bien.Todo colapsa en enero de 1995. Leeson realizó una pequeña inversión en la bolsa de Tokio, apostando a que el mercado se mantendría estable. Pero al día siguiente, un importante terremoto en Kobe hundió los mercados asiáticos. Las posiciones comerciales del inversor se fueron al traste. En una huída hacia adelante desesperada, Leeson empieza a hacer operaciones cada vez más arriesgadas, para tratar de recuperar las pérdidas. Pero no acierta.Desesperado, el 23 de febrero dejó una nota en la oficina que decía 'Lo siento', y huyó. Las pérdidas equivalían a 1.400 millones de dólares, dos veces el capital disponible del banco. Tras un intento de rescate, que fracasó, se declaró en quiebra, y fue adquirido por ING por 1 libra, a cambio de asumir su pasivo.Era el fin del banco comercial más antiguo de Reino Unido. La entidad había sido fundada en 1763, y participó en grandes operaciones, financiando la construcción del canal de Panamá o la compra de Luisiana a Francia por parte de Estados Unidos. Gestionó la salida a bolsa de Guinness, la marca de cerveza, en Londres, que necesitó la intervención de la policía montada para que los inversores invadieran la sede de Barings con sus solicitudes de compra. También fue conocido por ser el banco de la reina Isabel II, que tenía un depósito por valor de 40 millones de libras. Pero las maniobras fraudulentas pesaron más que su historia.Leeson, sin embargo, se defiende acusando al banco de haberle supervisado. La gerencia le permitió durante toda su estancia en Singapur ocupar los cargos de jefe comercial y el responsable de liquidar sus operaciones, trabajos que habitualmente realizan dos personas diferentes. Una situación que, no cabe duda, le facilitó ocultar sus pérdidas ante sus superiores. El informe de las autoridades de Singapur coincide, en parte, con la apreciación de Leeson, y interpela a la administración de Barings por no haber sabido nada de la cuenta de 'los cinco ochos'. Leeson también acusó a sus superiores de no saber nada del funcionamiento del mercado de futuros, pero como en su posición no podían reconocer que sabían menos que él, pues le siguieron mandando dinero, casi a ciegas. Finalmente, Leeson se declaró culpable de dos cargos: engañar a los auditores del banco, y engañar a la bolsa de Singapur, incluyendo la falsificación de documentos. Fue condenado a 6 años de cárcel, aunque en 1999 fue liberado, tras serle diagnosticado un cáncer de colón que parecía definitivo, pero del que milagrosamente sobrevivió.No volvió a los mercados, y desde entonces se ha dedicado a escribir libros de todo pelaje, a dar conferencias sobre marketing, e incluso fue el director de un equipo de fútbol irlandés. Con una mezcla de ironía y seriedad, también ha tendido a ponerse de ejemplo de los peligros que el sistema financiero debe evitar, y señala que hay muchos bancos que siguen siendo vulnerables a casos como el suyo. Si sus trucos hubieran salido bien, se hubiera convertido en uno de los grandes inversores de la historia, pero al salirle mal, quebró el banco más antiguo de Reino Unido.

Crypto winter is more dangerous than you think.Check The Lead-Lag Report on your favorite social networks.Twitter: https://twitter.com/leadlagreportYouTube: https://www.youtube.com/c/theleadlagreportFacebook: https://www.facebook.com/leadlagreportInstagram: https://instagram.com/leadlagreport                             Sign up for The Lead-Lag Report at www.leadlagreport.com and use promo code PODCAST30 for 2 weeks free and 30% off.                              Nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities.                              The content in this program is for informational purposes only. You should not construe any information or other material as investment, financial, tax, or other advice. The views expressed by the participants are solely their own. A participant may have taken or recommended any investment position discussed, but may close such position or alter its recommendation at any time without notice. Nothing contained in this program constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in any jurisdiction. Please consult your own investment or financial advisor for advice related to all investment decisions.See disclosures for The Lead-Lag Report here: The Lead-Lag Report (leadlagreport.com)Foodies unite…with HowUdish!It's social media with a secret sauce: FOOD! The world's first network for food enthusiasts. HowUdish connects foodies across the world!Share kitchen tips and recipe hacks. Discover hidden gem food joints and street food. Find foodies like you, connect, chat and organize meet-ups!HowUdish makes it simple to connect through food anywhere in the world.So, how do YOU dish? Download HowUdish on the Apple App Store today:

You're 30 years old, worth billions as a result of a crypto exchange you've set up - and in the space of one Sunday afternoon it all turns to dust. What must that feel like? On this episode of The News Agents we speak to someone who's been there, done that and has got the badge (the prison sentence). Nick Leeson single-handedly brought down one of Britain's most famous financial institutions in 1995 - Barings Bank - and spent four years in a Singapore jail as a result. He speaks to us about the tight spot Sam Bankman Fried now finds himself in, and how similar it was to his own.Planning: Melissa TutesigensiSocial Media: Georgia FoxwellVideo: Will Gibson-SmithProduction: Gabriel Radus Deputy Editor: Tom HughesExecutive Producer: Dino SofosFor exclusive daily videos from The News Agents visit Global Player: https://www.globalplayer.com/videos/brands/news-agents/the-news-agents/The News Agents is a Global Player Original and a Persephonica Production.

You are in for an absolute treat. Something a little bit different we've got a guest on and not just any guest one of the most notorious traders, Nick Leeson, The Rogue Trader that you see in global markets, mainly through the 1990s. It is one heck of a story you're about to hear, but more importantly, the nuances, the lessons that someone takes away from the experience that they had. This guy grabs headlines around the world for his actions. It's going to be a revelation when you hear what his single piece of advice is. Subscribe to our Channel: https://www.youtube.com/channel/UCfmaldKMEUc5qXeIQ7zEBeA?sub_confirmation=1  Wealth Masterclass: https://www.wealthmasterclass.com.au/  FREE Online Training with Andrew Baxter: https://bit.ly/cod-online  Subscribe to Money and Investing Podcast: http://www.moneyandinvesting.com.au/   

Bonjour à tous! Cette semaine, pour ce nouvel épisode de l'État Financier, on se retrouve pour deux segments, deux Au Son de la Cloche! Dans la première partie, nous discuterons des récentes turbulences sur l'action du détaillant Bed Bath and Beyond. Peut-on craindre un nouveau GameStop avec l'engouement du sub Reddit Wall Street Bets ? Qu'est ce qui justifie le gain et la perte subséquente de ce titre ? Dans la deuxième partie, nous vous ferons un retour sur l'une des plus grandes affaires de la finance, avec la faillite de la Barings Bank, la banque de la Reine d'Angleterre. Tout cela à cause d'un seul homme : Nick Leeson, le trader secret ou "Rogue Trader". Bonne semaine et bonne écoute ! #podcast #finance #bbby #nickleeson #roguetrader --------- Contact: - Commentaires sur YouTube - Email : contact@etatfinancier.info ---------

What do Alchemy and Magic have to do with human decision-making?On this episode, I'm joined by two Behavioural Science gurus who have both been on the show before: Rory Sutherland and Paul Craven. Rory is the author of Alchemy: The Surprising Power of Ideas That Don't Make Sense. Paul Craven is a magician and member of the prestigious Magic Circle. So that's both bases covered! Rory is the Vice Chairman of Ogilvy, and Paul began his career in Finance with over 30 years working for Schroders, PIMCO and Goldman Sachs. Both are Behavioural Science thought leaders.Since the show is approaching its 200th episode — this is the 199th — I thought I ought to celebrate it. So I did what we always do when we celebrate special occasions and decided to replicate the winning formula I used last time. On that occasion, I was joined by Rory Sutherland and Gerald Ashley. Since then, I've also recorded a doubleheader with Gerald and his and Rory's good friend Paul Craven. Like Rory and Gerald, Paul has also done a solo appearance on the show. So for two episodes, I'm joined by Rory Sutherland and Paul Craven. 
In our discussion — and I'm just talking about this episode here — we talk about framing, ethics, Sludge, electric cars, the best joke at this year's Edinburgh festival — warning, it's an adult joke — the Pratfall Effect, or why making mistakes can make us seem more human, ho one man saved the world from a nuclear war, the Beatles, how we look at data and so much more. Links to all of those are below.Paul Craven - https://www.paulcraven.com/Rory Sutherland - https://www.linkedin.com/in/rorysutherland/?Rory's book Alchemy - https://www.penguin.co.uk/books/430379/alchemy-by-rory-sutherland/9780753556528Economist Nicholas Gruen - https://en.wikipedia.org/wiki/Nicholas_Gruen French magician Jean-Eugène Robert-Houdin - https://en.wikipedia.org/wiki/Jean-Eug%C3%A8ne_Robert-HoudinFormer guest Gerald Ashley referring to Paul as a conman - https://twitter.com/HumanRiskLtd/status/1395316840105234432?s=20&t=7v2vbVi0FoiyzozKY9sougMarks & Spencer's ‘Dine In For Two' Deal - https://www.marksandspencer.com/c/food-to-order/dine-inEdward De Bono - https://www.debono.com/Germany's 'two click to unsubscribe' law - https://www.thelocal.de/20220303/how-germany-is-making-is-easier-for-consumers-to-cancel-contracts/Sludge - https://www.forbes.com/sites/rogerdooley/2021/09/29/you-cant-nudge-if-youve-got-sludge/[Warning: the most controversial show note ever. Contains adult content. Spanish Comedian Ignacio Lopez on Dogging. Here's what the term means: https://en.wikipedia.org/wiki/Dogging_(sexual_slang)].
Here's the joke: https://www.facebook.com/watch/?v=246981890669484AThe BBC series My Life As A Rolling Stone - https://www.bbc.co.uk/iplayer/episodes/m0018zwp/my-life-as-a-rolling-stoneThe Donald Trump video where he spends a lot of time choreographing a glass of water - https://www.indy100.com/celebrities/donald-trump-interview-table-waterThe movie ‘The Big Short' - https://en.wikipedia.org/wiki/The_Big_Short_(film)Nick Leeson - https://en.wikipedia.org/wiki/Nick_LeesonRogue Trader, the movie about Leeson - https://en.wikipedia.org/wiki/Rogue_Trader_(film)Stanislav Petrov, the man who presented World War Three - https://en.wikipedia.org/wiki/Stanislav_Petrov
Gerd Gigerenzer - https://en.wikipedia.org/wiki/Gerd_GigerenzerGerd's book Risk Savvy - https://www.penguin.co.uk/books/181878/risk-savvy-by-gigerenzer-gerd/9780241954614
The Chinese Maths problem featuring 26 sheep and 10 goats - https://www.businessinsider.com/viral-chinese-math-question-2018-1? To hear previous episodes of the show featuring:Paul - https://www.humanriskpodcast.com/paul-craven-on-magic-money/Rory - https://www.humanriskpodcast.com/rory-sutherland-on-compliance/Rory & Gerald Ashley Part One - https://www.humanriskpodcast.com/rory-sutherland-gerald-ashley/Rory & Gerald Ashley Part Two - https://www.humanriskpodcast.com/gerald-ashley-rory-sutherland/Paul & Gerald Ashley Part One - https://www.humanriskpodcast.com/gerald-ashley-paul-craven/Paul & Gerald Ashley Part Two - https://www.humanriskpodcast.com/paul-craven-gerald-ashley/

Join me and my guest Ivan Tyrrell as we dive into the basic fundamentals of what it means to be a thriving and emotionally healthy human being. Based on his co-authored work "Human Givens: a New Approach to Emotional Health and Clear Thinking" Ivan shares the fundamental necessities that all humans share. We dive into what doesn't work about modern psychotherapy, why REM state and dreaming is essential for our health, how trance and hypnosis is essential for learning and even into the nature of consciousness. Ivan Tyrrell worked for many years as a psychotherapist (specialising in brief therapy for depression and anxiety). He now spends most of his time lecturing and writing. As a Director of Human Givens College, editorial director of the Human Givens Journal, and board member of the Human Givens Institute, his influence in (and knowledge of) the field of psychotherapy and counseling is considerable. In 1992 he and a group of psychologists and psychotherapists established the European Therapy Studies Institute (ETSI), whose aim was to discover why some psychotherapy approaches appeared to work and others didn't. ETSI quickly gained several hundred members from a wide variety of professions whose support enabled them to publish a journal, The Therapist, the forerunner of the Human Givens journal. The human givens approach to psychotherapy and psychology developed out of the work and research of this group as they endeavored to bring greater clarity to the way people who become depressed, anxious, traumatized or addicted are helped, as well as making such help more reliably effective. Ivan is also co-author with Joe Griffin of numerous, influential titles, including: Human Givens: the new approach to emotional health and clear thinking How to lift depression… fast Why we dream: the definitive answer Freedom from Addiction: The secret behind successful addiction busting How to Master Anxiety An Idea in Practice: Using the human givens approach Release from Anger: Practical help for controlling unreasonable rage Godhead: The Brain's Big Bang – the explosive origin of creativity, mysticism and mental illness View all here > and five ground-breaking monographs on psychology and counselling including The APET model: patterns in the brain, which brings cognitive behavioural therapy (CBT) and SFBT approaches into line with new scientific discoveries about how the brain works, and The Shackled Brain: how to release locked-in patterns of trauma and Hypnosis and Trance States which gave the first psychobiological explanation for hypnosis. Other titles include: The Survival Option, published by Jonathan Cape and Back from the Brink: Coping with stress, published by Virgin Books, which he co-wrote with Nick Leeson. He is a founder member of The Conciliators Guild.   Join me at my upcoming 4 day event RESONANCE or another event: spohntrained.com/events

In this episode I was delighted to welcome back my old friend, the rogue trader himself, Mr Nick Leeson. Always one of the more popular guests on my show, this has to be my most wide ranging conversation with Nick to date. It is 30 years this year, since Nick was headhunted by Barings bank, to go to Singapore, to run their Far East operation. I start of the conversation by asking Nick how he thinks about time now, and how he values and looks upon time. From that we move through the gears and the conversation covers a wide range of topics including the importance of self esteem for people, and also the fact that Nick believes it was his working class upbringing in Watford, which gave him the motivation and ambition to achieve some kind of success in life.  With over 30 years of experience in trading in the financial markets, there is no better person to talk to about the economy right now, and where things might be heading.  It is Nick's opinion that the markets have never been so aggressive as they are now, and his advice is to get out if you can at the moment, as opposed to getting or staying in.  Volatility is the name of the game right now,  and it looks like after a couple of decades of decreasing interest rates to 0%, we are now entering a new phase of interest rate hikes, with the defacto leader of the financial world, Jerome Powell, who runs the FED in the US, indicating as much in the last few days. Nick talks about the importance of leadership in difficult times and maybe the lack of leadership many of us have experienced over the last twenty four months. I finish our conversation asking Nick about his views on Crypto / Bitcoin.  He has always been pretty sceptical about all of this, and to be fair to him, he continues to be.  However I enjoyed the exchange of views in this regard and I did get Nick to agree with me that over the next twenty years, we will see Central Bank digital currencies in play, most likely alongside Bitcoin and many other crypto currencies.  I really enjoyed this conversation, and I hope you get some value from it. If you have a moment, i would love if you could leave a quick review, at wherever you get your podcasts, and feel free to share this conversation with any of your friends. Look after yourself, and I will speak to you guys again soon, CD ☘

On this episode, the boys discuss the latest Indian adaptation of Shark Tank, about Nick Leeson's bank fraud and the most bizarre story about the Olympics race in America in 1904. TISS is a weekly podcast where Aadar, Neville, Kautuk and Varun discuss random, fun, stupid, pointless, weird, shocking "facts" they find on the internet. So come learn with them...or something like that. To support TISS, check out our Instamojo: www.instamojo.com/@TISSOPBuy tickets for Kautuk's show 'Working on the vaccine' here: https://bit.ly/3BvXVleCheck out the TISS Sub-Reddit: https://bit.ly/2IEi0QsCheck out the TISS Discord: https://discord.com/invite/HShXCGSPQzBuy Varun Thakur's 420 Merch - http://bit.ly/2oDkhRVSubscribe To Our YT ChannelsVarun - https://bit.ly/2HgGwqcAadar - https://bit.ly/37m49J2Neville - https://bit.ly/2HfYlWyKautuk - https://bit.ly/3jcpKGaFollow Us on Instagram.Varun - https://www.instagram.com/varunthakur/Aadar - https://www.instagram.com/theaadarguy/Neville - https://www.instagram.com/nevilleshah/Kautuk - https://www.instagram.com/cowtuk/Producer- Rupika Khere

Supernana accueille le Prince de Haynin. Et ça tombe plutôt bien puisque Sabrina a une question pour lui: comment expliquer la faillite de la banque Barings cette année-là? Explications des aventures de Nick Leeson pendant que Sup tente de garder le cap comme elle peut… Une autre petite questions pour le Prince: où se trouve…

Nick ist smart. Nick ist jung. Nick will Geld. So weit, so verständlich. Nick handelt deshalb mit Geld, das es gibt, aber nicht ihm gehört. Damit bezahlt er Sachen, die es ebenfalls nicht gibt. Für Leute, die diese Nichtsachen kaufen sollen, die es aber auch nicht gibt. Die Leute denkt er sich nämlich allesamt aus. Und führt damit lässig und im ganz großen Stil einen Haufen eigentlich cleverer Geldprofis an der Nase herum, die das alles sehr lange lieber auch gar nicht mal so ganz genau wissen wollen. Bis jemand mal ausnahmsweise kein Bier trinkt und genauer nachschaut. Das tun wir in dieser Folge auch. Willkommen auf dem Börsenparkett der wilden 90er!

This week, Kishan is sick and given the whole pandemic thing, decided to record this week's episode with someone who couldn't say no, his girlfriend Jessie. We also make a bit of a change as in this episode, inspired by Nick Leeson, we talk three of the largest and stupidest mistakes in financial history that involved crime and centers around three men: Robert Citron, Bill Hwang, and Steve Perkins.

Nick Leeson is one of the UK's most notorious bankers. Nick single-handedly took down Barings Bank losing over £800 Million and going to jail for it. Now older and much wiser I sit down and talk with the man from Watford and enjoy an amazing conversation about all things money.Follow my Instagram - http://www.Instagram.com/jonjosephbou...Follow my Twitter - http://www.Twitter.com/jonbourgerieFollow Nick - http://www.Instagram.com/theoriginalr...My Website - http://www.JonJosephBourgerie.comThanks for subscribing!

In this week's episode we talk our favorite carbonated beverages, fill up time with accent practice, and discuss the downfall of Barings Bank, an English bank that at one point literally held royal accounts that was toppled by the record breaking oopsy trade made by one man: Nick Leeson.

Barings bank was established in 1762. It was the United Kingdom's oldest merchant bank and at one point, was called 'the sixth great European power. Nick Leeson was a wunderkind. Everything he touched, everything he traded turned to gold. He didn't even pass his Math A'levels, yet he seemed to have an instinctive grasp of the market. He was eventually placed in charge of the Singapore branch of the Barings bank. About four years after Nick became the General Manager of the Singapore branch, Barings bank was sold for one British Pound. How did Nick bankrupt the Barings Bank...? Website: https://abriefcasepodcast.com/  Instagram: @abriefcasepodcast

How can one man bring down a bank? Financial Times journalist John Gapper covered the Nick Leeson story at the time and co-wrote All That Glitters: The Fall of Barings. He joins Alice and Matt to talk about the phenomenon of the Rogue Trader.Listen ad free with Wondery+. Join Wondery+ for exclusives, binges, early access, and ad free listening. Available in the Wondery App. https://wondery.app.link/britishscandalSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Comedian, political satirist and Spitting Image star Matt Forde talks accosting Billy Connolly in New York, 'dying' on stage in Luxemborg, pints of Carling in ex-pat clubs in Bahrain, Nick Leeson's luxury hotel dash around the world, spending 3 months locked in a first floor flat, an emotional pilgrimage to the Ghostbusters fire station, being the voice of Boris Johnson and Donald Trump (yes he does give us some excellent impressions) and posh people behaving badly on the podcast British Scandal.   On this episode we cover:      Matt's British Scandal podcast series along with My Dad Wrote a Porno's Alice Levine Posh people behaving badly New season of the podcast about Nick Leeson and Barings Bank Wondery making Hollywood films in podcast form Nick Leesom absconding and travelling the world The possibilty of following in Nick Leeson's footsteps Lisa Leeson becoming an air steward for Virgin! Starring in Spitting Image Being the voice of Boris Johnson, Donald Trump and Keir Starmer Boris Johnson having to have a rainy weekend in Cornwall  Travelling the UK in a camper van with Jon Richardson Gigging in Bahrain to ex pats Failing at doing very British stand up comedy in a cafe in Luxemburg Glittering hotels in Bahrain contrasting with... ...Carling and Walkers in the ex-pat clubs Brits abroad, bangers and mash and Premier League Football British music and British breakfast  Having to shield during lockdown because of asthma Staying inside for 3 months in a first floor flat How walking around the block felt like another planet Pub crawls post lockdown Childhood trips to the wonderful British seaside Loving going to see gigs abroad Being in love with Berlin The beauty of New York at Christmas Liam Gallagher in Berlin The kindess of Berliners to British tourists Indecipherable Berlin tube maps Dodgy nightclubs, S&M and gimp masks. An emotional pilgrimage to the Ghostbusters fire station  Playing the lookalike game in New York Randomly bumping into their hero Billy Connolly Billy talking to them for ages and giving them career advice Loving history in Paris, Dubrovnik, Rome... Succumbing to the love of an all-inclusive in Cape Verde Mauritius whale watching after a heavy night out Poignant baby whale appearances whilst vomiting overboard Watching England play in Euro 2020 

Barings Bank discover their most successful trader has left them penniless. The hunt is on to find Nick Leeson.Listen ad free with Wondery+. Join Wondery+ for exclusives, binges, early access, and ad free listening. Available in the Wondery App. https://wondery.app.link/britishscandalSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The losses in Nick Leeson's secret account start to get out of hand. It means he needs to start taking even more risks.Listen ad free with Wondery+. Join Wondery+ for exclusives, binges, early access, and ad free listening. Available in the Wondery App. https://wondery.app.link/britishscandalSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Nick Leeson rises through the ranks of Barings Bank. When he moves to run the Singapore office, he notices a weakness in the system.Listen ad free with Wondery+. Join Wondery+ for exclusives, binges, early access, and ad free listening. Available in the Wondery App. https://wondery.app.link/britishscandal.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In this episode I welcome back, Propertypal's Chief Economist Mr Jordan Buchanan, who is no stranger to the show, and is always a very popular guest on the podcast. It's been 6 months since I last spoke to Jordan, and much has happened since then. The fact remains that the NI housing market appears to be booming, with properties going sale agreed within 40 days, over 3300 properties going sale agreed in April just past, which is a 47% increase on the 3 year average. However it can't always be rosy in the garden, despite what estate agents are saying

In this episode, it's all about BITCOIN. I don't know about you, but It would appear the dogs on the street are talking about Bitcoin, thats if they're not investing in it. For me, I am no expert in crypto currencies, but I am a student of human behaviour, and I am watching with interest how this whole Bitcoin story has evolved over the last few years. I now have quite a few of my community and friends who have bought into some of this BC, and over the last few months, quite a few of my listeners have been asking me to discuss the topic on the podcast. So I finally gave in, and thankfully earlier this week, I had a really great conversation with Nick Leeson, about his views on Bitcoin, and how he thinks, the crypto might develop over the next few years. From an investment point of view, my advice is to always only invest what you can afford to lose, and always move with caution when you are investing your own money into anything.   In this wide ranging conversation, Nick is very open with me, to the point where I get him to make a prediction as to where he see's Bitcoin might be valued at in 2025. I really enjoyed producing this week's episode and I hope all of you guys get some value from it. As always if you enjoy the podcast, I would love a two line review wherever you get your podcasts, and remember I would be very grateful if you share it with someone else, whom you think might be interested in the subject matter. If you want to reach me, best place is to email conor@conordevine.com Have a great weekend and as ever all feedback welcome.  CD 

A former Barings Bank derivates trader who developed a superstar reputation trading the futures markets on the Singapore Monetary Exchange. A mistake that resulted in a 20k lost eventually compounded to a 1.3 billion dollars, resulting in the collapse of one of Britain’s oldest banks. He's proven his resiliency, wrote a book on this experience and it got turned into a film. He now consults for firms raising risk awareness around human behavior, culture, conduct and corporate governance issues. Confessions of a Market Maker presents Nick Leeson--------------------------------------------------------------------------------------------If you'd like to join JJ, Ray & a supportive, professional group of traders, trade alongside them at microefutures.com

Nicholas William Leeson es el nombre del operador de derivados conocido por llevar a la quiebra al Barings Bank, el banco comercial más antiguo del Reino Unido. Conoce en este podcast la historia del Banco Barings, de cómo Nick Lesson realizó una operativa con derivados que culminó con una pérdida de aproximadamente de $1,300 millones de dólares. Escucha la operativa, los errores y el ascenso y descenso de este "Rogue Trader". ¡Dale play e incrementa tu IQ financiero! Para acceder a videos, tips, ebooks, cursos de educación financiera e información útil visita: https://www.facebook.com/DeMedinaMau https://twitter.com/DeMedinaMau https://www.instagram.com/demedinamau https://www.linkedin.com/in/mauricio-de-medina O visita: https://www.mauriciodemedina.com Aprende, ahorra e invierte.

Nick Leeson is CEO of Bull & Bear Capital and former derivatives trader notorious for the collapse of Barings Bank, the United Kingdom's oldest merchant bank. Nick was the “Rogue Trader” who made fraudulent, unauthorized and speculative trades, and his actions led directly to the 1995 collapse of the bank, for which he was sentenced to prison in Singapore.Sponsorships & partners:- Sons: Sons.ie | Sons.co.uk and use code KICKOFFSESSIONS40 for 40% off- ExpressVPN: ExpressVPN.com/kickoffsessions and get 3 extra months free- Buzzsprout: Buzzsprout.com and receive a $20 Amazon Gift Card(00:00) Sponsorships:  Sons.ie | Sons.co.uk(01:42) Introduction(02:51) Nick Leeson's background(04:35) The collapse of Barings Bank(10:04) Trading emotionally, immaturity & stress(16:15) Social media & communication(20:26) Lessons from prison(25:15) Mental challenges of prison(32:12) Man's Search for Meaning, Viktor Frankl(39:29) Happiness & careers(42:59) Pursuing interests & passions (46:23) Professional success & ultimate focusPlease leave a review:- Spotify: https://spoti.fi/36RrL9Y- Apple: https://apple.co/3uCwViFSocials:- YouTube: https://bit.ly/3HleVy2- Spotify: https://spoti.fi/3EE3FuG- Apple: https://apple.co/32ArW7D- LinkedIn: https://bit.ly/3FCS3JA- TikTok: https://bit.ly/314iZD6Services:- Career mentoring: https://bit.ly/3FCS3JA- Podcast consulting: https://bit.ly/3aYzm5w- Newsletter: https://bit.ly/3JqwkXAThis episode is sponsored by Sons. Please support the podcast and get 40% off your first order by using the discount code KICKOFFSESSIONS40. Sons IE: sons.ieSons UK: sons.co.ukSons are a men's health care brand that offers clinically proven, licenced hair loss treatments for less than the cost of a cup of coffee per day. - ExpressVPN: ExpressVPN.com/kickoffsessions and get 3 extra months free- Buzzsprout: Buzzsprout.com and receive a $20 Amazon Gift CardSupport the show

Aktienhändler Nick Leeson schaffte es, die älteste britische Privatbank im Alleingang durch riskante Transaktionen an den ostasiatischen Börsen zu ruinieren.

In the 13th Episode of the GDMS Podcast, we have an in-depth interview with Nick Leeson where we discuss what it is like Teaching Internationally during the Pandemic in Nigeria. We also discuss the cross-promotion of AEW and Impact Wrestling and the way they are using paid ads. How Vince McMahon is a disruptor through the use of digital marketing. Marketing Minute with Matt on picking the right Key Words. Get your free SEO and Website Audit by clicking here. In our in-depth interview with Nick Leeson, we discuss Teaching Internationally. Nick's recruitment to Virginia Tech. What it was like being a second-generation player at Virginia Tech. Working his way from being a preferred walk-on to scholarship player. How ick went from studying Nutrition, Foods, and Exercise with the goal of becoming a Chemist to pivoting to become an Athletic Director. What Nick was doing in the States before he started teaching internationally. What was the motivation to go back to school and eventually start working internationally? What other countries did Nick live in before he landed in Nigeria? What it has been like teaching internationally during the Pandemic. How Nick has had to adjust normal athletic activities because of COVID. The difference between responses to COVID19 between the United States and Nigeria. What's Nick's favorite scary movie is, both a list and d list as well as his favorite Lester Karlin memory. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

Interview: NICK LEESON Nick Leeson became notorious worldwide in 1995 as the ‘Rogue Trader’ who brought down Barings Bank. In this three-part interview with Simon Nott, he talks about the ‘crime’, doing the time, sharing cells with Triads and battling cancer. It’s honest and candid. Meeting Nick Leeson.

Q3 FOMO, 3 Wochen vs 3 Jahre, Jesse Livermore, Nicolas Darvas, André Kostolany, Madelaine Schickedanz, Thomas Middelhoff, Saal Oppenheimer, Joseph Esch, Joseph Ackermann, Lehmann, Dick Fuld, Bearings, Nick Leeson, Jérôm Kerviel, Kweku Adoboli, Modis, Fitch, Standard & Poors, Rüdiger Born, Edmund Haidt, Robert Wüstefeld, André Stagge, Joachim Brandtmaier, Warren Buffet, Stefan Risse, Friedhelm Busch, Julian Hosp, Markus Koch, Katja Dofel, Mt. Gox, Bitfinex, Binance, Bittrex, Hashgraph, Blockchain, BTC, Etherium, Litecoin, Lumen, Verge, Tron, Iota, Lumen, Wallet, Autenticator, Hedge, Dragi spricht, VW short, Merkle, Ratiopharm, Eisenmann Auto Becker, Nokia, Kodak, Komplexitätsreduktion,

Former Rogue trader and Barings banker Nick Leeson is back on the show. Nick was my first guest way back in April, and it was good to pick his brain again regarding what's going on right now. We talk about Covid, the economic impact, the importance of the vaccine roll out, the elephant in the room which is the debt bomb growing week on week, and also, Nick shares with us how we all might deal with stress and anxiety. Having spent 6.5 years in prison and overcoming Cancer twice, Nick knows a thing ot two about dealing with adversity. It's a wide ranging discussion with lots of value. We finish up the conversation talking about success, and the importance of having milestones when trying to navigate through the trials and tribulations of debt. Make sure you follow Nick on line for his updates on the economy and markets etc. In my thought of the week I talk about the relaunch of my recovery restructuring business GDP Partnership, and our Pandamic Recovery Team. Given the challenges the business environment face next year, we have decided to reorganise ourselves to try and help people get through 2021. There is no doubt there will be much pain ahead for the business community, and given the fact we have a multi disciplined team in house and we have helped hundreds of people in the past come through the last crisis, we felt compelled to help, and we are looking forward to getting started. For more information check our website at www.gdpni.com In the second part of my thought of the week, I talk about a meeting I was invited to earlier this week regarding the economic benefits of a United Ireland. This debate is now playing out across the island, and as things start to pick up, the importance of people contributing and taking part is now key. I have been tracking this discussion since the Brexit vote in 2016, and the argument for an economic United Ireland is quite compelling. My own view is we now need to see people, probably from the Unionist side, to start and articulate what the key arguments are for NI to remain in the Union. The Good Friday Agreement allows for a unity referendum at the request of the British Government. The condition being they must deem there to be enough interest in N Ireland for that to be held. There is now a huge groundswell of opinion towards that school of thought, given the backwater status Brexit puts NIPLC into. My suggestion to everyone is to get involved and take part. It's our children's futures we are talking about - not our own. If you enjoy this show, a review would be super wherever you get your podcasts. Again look after yourself, and more importantly each other ! CD ☘ **You can reach me at conor@conordevine.com

Sunday morning sessions at The Coach and Horses, Finsbury Park; summer road trips to Ireland and back, via relatives' houses, Fleadhs, sessions and the Holyhead ferry; learning to play in Anne Caulfield's house in Luton; competing and adjudicating; becoming a teacher of music and recording your first album. All that AND Barings Bank. Nick Leeson how are ye! You can probably tell from the tape, this was a LOT of fun. Thanks Theresa. Theresa's album, BANJO'ista, is a gem. Get it here, on her bandcamp page: https://theresaogrady.bandcamp.com/releases To follow Theresa or get in contact about lessons you can do so from here: https://www.facebook.com/theresa.ogrady.31 You can also like and follow Theresa O'Grady Music here: https://www.facebook.com/theresaogradymusic/ In this episode Theresa plays: The Milky Way (Vincent Broderick) - 06:53 The Starry Lane to Monaghan (Ed Reavy) / Johnny Watt Henry's - 24:30 Two jigs - Padeen O'Rafferty / The Fox's Tail (Donal McKeague) - 44:50 O'Dowd's and another one we don't have a name for - 01:01:12 Sailor on the Rock / The Cavan Reel - 01:45:08 The Kilavel Jig / By Golly (Jimmy Neary) - 02:02:50 Theresa plays a tenor guitar and a mandolin, both made by Jack Spira in Australia: https://jackspiraguitars.com/index.html -- To listen, stream or download simply click a link below: Our website: https://blarneypilgrims.fireside.fm iTunes: https://apple.co/2A6tUPm Google Podcasts: http://bit.ly/3cPTkis Spotify: https://spoti.fi/3eIwBFy Or alternatively, simply search your favourite podcast app for the Blarney Pilgrims. ... Become a Patron Saint of the Blarney Pilgrims Podcast. We want the podcast to be free to listen to for as many people as possible. But without the support from at least some of you we couldn't keep putting out an episode a week. That's why we're asking you to become a Patron (Saint) of the podcast. www.patreon.com/blarneypilgrims So, for the price of a pint, or a half pint for that matter, you can help keep this show on the road and be safe in the knowledge you have a halo above your head. For your good deed you will secure your place in traditional Irish music podcast heaven. But most importantly, you'll have helped pay for the other 99% of listeners that don't or can't chip in. And that, my friend, is a hell-of-a-nice thing to do. Darren & Dom www.blarneypilgrims.com www.patreon.com/blarneypilgrims www.facebook.com/blarneypilgrimspodcast www.instagram.com/blarneypilgrimspodcast www.twitter.com/BlarneyPodcast

Nick Leeson (https://en.wikipedia.org/wiki/Nick_Leeson) was born in Watford, Hertfordshire and attended Parmiter's School in nearby Garston. Born to working-class parents on a council estate, his father was a self-employed plasterer, his mother a nurse. In this interview, Nick speaks with Doc and talks about his introduction to city life, before going east to Singapore where his final demise took place. Exclusive interview by @DDS_DocHoliday (https://twitter.com/DDS_DocHoliday) In the mid-1980s, Nick Leeson landed a job as a clerk with royal bank Coutts, followed by a string of positions with other banks, ending up at Barings, where he quickly made an impression and was promoted to the trading floor. Before long, Nick was appointed the manager of a new operation in futures markets on the Singapore Monetary Exchange (SIMEX) and was soon making millions for Barings by betting on the future direction of the Nikkei Index. His bosses back in London, who viewed his large profits with glee, trusted the whizzkid. Leeson and his wife Lisa seemed to have everything: a salary of £50,000 with bonuses of up to £150,000, weekends in exotic places, a smart apartment, frequent parties and to top it all they seemed to be very much in love. Barings wasn’t aware that it was exposed to any losses because Leeson claimed that he was executing purchase orders on behalf of a client. What the company did not realise, is that it was responsible for the 88888 error account where Leeson hid all of his losses. This account had been set up to cover up a mistake made by an inexperienced team member, which led to a loss of £20,000. Leeson now used this account to cover his own mounting losses.

I open this weeks episode with a powerful clip from Viktor Frankl, a professor of Neurology and Psychiatry at the University of Vienna Medical school until his death in 1997. During World War 2, Mr Frankl spent three years at Auschwitz and other concentration camps. Given the magnitude of pain, anxiety and adversity in society right now, I felt compelled to introduce you to Mr Frankl in this weeks episode. I introduce a new feature of the podcast this week in the form of my "Rant of the Week". This will be where I share some of my frustrations of the last number of days on the pod. In this episode, I talk about the phenomenon around Mc Donalds reopening this week, in the context of over 16 million people dying of heart disease every year. British Conservative Politician Mr Michael Gove also gets a mention in this section this week, so well done to him for that. I'm sure he will be delighted, as I'm sure he is a listener, I move on to the main body of the episode where I get into the recovery of our economy and how that might play out. The economists tell us it can only look one of three ways, V, U, or L shaped recovery - but what does this mean, and how long might it be before we get things back to some kind of normality? This is a very difficult thing to predict, but already we have enough information to start to form some kind of opinion on this. I was delighted Nick Lesson makes his second contribution to Money & Plants in this episode, and yet again we have a wide ranging conversation about global affairs, and I get Nick's view on what the recovery might look like. His views on this particular issue are very interesting, given his experience and knowledge of booms and bust cycles over the last thirty years. We discuss a range of matters including why what is happening in Hong Kong and China is important, and also why if there were to be a vaccine found in the next few months, that might help get Donald Trump reelected in November, at the Presidential election in the USA. Nick, a huge mental health advocate also shares how he has bought a new bike and found a new love for cycling, and how his exercise regime is helping him deal with the lockdown. The health segment in this episode is all about the important role Sleep plays in all of our health, and I set out very clearly, why it is so important we all start to get a better understanding of this. I share with you one of the best books I read last year, Dr Matthew Walker's "Why We Sleep" and encourage all of you to read it - I think it will help you. The big takeaway I hope from EP6 has to be the message coming from Dr Frankl in the opening section of the show. His message and the example he set in his own life is truly wonderful and inspirational. The fact it is possible to turn personal tragedies into human triumphs is something all of us should be aware of particularly in the times we are in. His view that it is those people who are orientated towards a "meaning of the future" who are most likely to survive and thrive, is something I really would like you to have a think about and consider. Finally I would like to thank all of you for listening to my show. It's been quite the experience pulling all of this together over the last number of weeks from a standing start, and I am delighted so many of you are enjoying the podcasts. Keep the feedback coming in, and if there is a way you think I might be able to improve the experience or maybe there is an important topic you think I should cover, please let me know. Best place to get me is at conor@conordevine.com Until next time, look after yourself and look after each other. CD

We’re joined today by special guest Nick Leeson, who is famous for the collapse of Barings Bank, one the oldest banks in the world at the time, to discuss liquidity risk in the markets, dealing with stress in extraordinary situations, the benefits of asking yourself the difficult questions, problems when interpreting vast amounts of data, what Nick looks for when investing today, the importance of communicating your feelings, and lots more. If you would like to leave us a voicemail to play on the show, you can do so here. Learn more about the Trend Barometer here. IT's TRUE - most CIO's read 50+ books each year - get your copy of the Ultimate Guide to the Best Investment Books ever written here. And you can get a free copy of my latest book "The Many Flavors of Trend Following" here. Send your questions to info@toptradersunplugged.com Follow Niels, Jerry, Moritz & Nick on Twitter: @TopTradersLive, @RJparkerjr09, @MoritzSeibert and @TheNickLeeson And please share this episode with a like-minded friend and leave an honest rating & review on iTunes so more people can discover the podcast. Episode Summary 0:00 - Intro1:43 - Macro recap from Niels3:16 - Weekly review of returns5:18 - Niels: What key decisions have shaped your life so far?7:59 - Niels: Can you describe the period between 1992 & 1995?12:44 - Niels: What do you remember about the supposed ‘complex’ products that your were trading?16:19 - Moritz: What was it like trading in Indonesia?20:06 - Moritz: How did you end up being sent abroad to run a business for a bank?26:34 - Moritz: What type of products did you trade at the SIMEX?29:32 - Niels: What are things you look for in a person or organisation you would want to invest with?34:57 - Niels: You advise large businesses, so what are the discussions you are currently having with your clients?49:39 - Moritz:What was your thinking & process while attempting to recover huge losses?55:41 - Niels: Do you talk with your clients about a market's liquidity risk?58:53 - Niels: How has electronic trading made markets more liquid or less liquid?1:02:16 - Niels: Do you see similarities between today’s scandals, and the behavious of past financial scandals?1:05:49 - Moritz: How do you trade today, and what do you think is important is for good trading?1:11:23 - Niels: Describe how you’ve dealt with stress throughout extraordinary situations?1:17:01 - Niels: What are the key things you try to teach your kids, based on your experiences?1:18:57 - Performance recap1:19:57 - Moritz: Tell us about Bull And Bear Cap?1:21:51 - Moritz: Are you continually asked about your history with Barings Bank? Subscribe on:

Sein ehemaliger Chef nannte ihn mal einen Meister der Zerstörung: Nick Leeson. Inzwischen hat er das Gefängnis wieder verlassen, aber die Bank bleibt verschwunden... Der spektakuläre Ruin der altehrwürdigen “Barings Bank” verschlang in heutigen Summen etwa 1,3 Mrd. Euro! Eine ganze Bank in die Pleite geritten, das traditionsreiche Finanzhaus ruiniert. Wie konnte es so weit kommen? “Bad Finance” ist ein FYEO-Original von PodcastMania Mit Christian Kirchner und Martina Schönherr Regie: Rob Szymoniak Off-Sprecher: Stefan Bergel Redaktion: Christian Kirchner und Rob Szymoniak Produktion: Dominic Hesse und Rob Szymoniak von PodcastMania sowie Isabel Lübbert-Rein von FYEO Gesamtleitung FYEO: Benjamin Risom, Luca Hirschfeld und Tristan Lehmann Na, angefixt? Die komplette Staffel und noch viele weitere außergewöhnliche Originals findest du exklusiv in der FYEO App und im FYEO Abo bei Apple Podcasts. For Your Ears Only! Weitere Infos findest du auch unter www.fyeo.de

To kick of my first episode I couldn't think of a better guest than Mr Nick Leeson. Over 25 years ago Nick was responsible for racking up over £832M of losses at Barings bank in Singapore, which ultimately led to the bank going bust. Following a 4.5 year prison spell, he returned to London to try and piece together his life. In 2005 he moved to Galway and began to build a new life for himself. Today Nick talks about his life experiences to companies and at events right around the world. He is an excellent communicator and in his own very humble and unique way, has a passion for helping people learn from their mistakes. In this conversation, we speak a little bit about Barings, but more about what is happening right now in the world with the spread of C19, and it's potential impact both on a human and economic level. Nick sets out some practical measures people might want to consider, given the fact we are all pretty much locked up in our homes right now. The overriding message I hope you take from this conversation is that it's not what happens to you in life that is important, more how we all react to what happens, which will determine how all of our lives play out. I hope you enjoy this conversation.

On this day in 1995, 28-year-old derivatives trader Nick Leeson was arrested for defrauding his superiors at Barings Bank and for cheating the Singapore exchange.

Lange Tradition - keine Kontrolle. Die britische Barings Bank finanzierte im 19. Jahrhundert den Krieg gegen Napoleon, galt als seriöses Geldhaus, eng verbunden mit der Krone - bis ein einzelner Angestellter das Unternehmen in den Ruin trieb. Nick Leeson hatte mit riskanten Termingeschäften einen Verlust von 1,4 Milliarden Dollar gemacht. Autor: Jörg Beuthner

"Es tut mir leid". Die Botschaft hinterließ Nick Leeson in seinem Büro. Dann floh er aus Singapur. Der Börsenhändler hatte die traditionsreiche Barings Bank im Alleingang ruiniert. Am 27. Februar 1995 war das britische Geldhaus pleite. Autor: Jörg Beuthner.

Is there any real difference between a million and a billion? What happened to the ship that was even more unsinkable than the Titanic? What was the plot of A Visit To Aldershot? Jake Yapp & Natt Tapley find out in today's Date Fight!

25 years ago this week, Barings Bank, founded in 1763, was brought down by the calamitous and illegal trading activities of one of its futures traders, Nick Leeson. Working from their Singapore office, Lesson’s accumulated trading losses amounted to over £800 billion or close to $1.4 billion at the time. Leeson had been hiding trading losses for the previous 2 1/2 years in a false account he had created, the now infamous 88888 account. For a while these losses were of a size that was concealable, however in January 1995, the losses started to spiral out of control. Leeson had been placing a series of huge bets which relied on the Japanese Stock Market remaining relatively stable. However, the market was rocked when a huge earthquake struck the Japanese city of Kobe. As the losses started to mount, Leeson upped the ante, placing even larger bets, effectively doubling up, but the recovery never came, and the losses started to increase exponentially. Eventually, with no hope of recovering the losses, Leeson left a note which simply said, "I'm sorry" and he fled Singapore. An international manhunt followed, gripping the world’s media.After a few days, Leeson handed himself in to the German authorities, and was later extradited to Singapore where he was jailed for over 6 years alongside some of Asia’s most notorious triad gang members. Leeson was released a couple of years early in 1999 on health grounds after being found with colon cancer with a prognosis which was not favourable. In this frank and honest interview Leeson talks with AlphaMind podcast co-hosts Mark and Steve about his trading activities. He talks about his failings and those of the system around him. He tells of living with the stigma of being the world’s most infamous rogue trader. He talks about his time in prison, the mental challenges he faced, and how he rebuilt his life following his recovery from cancer and release from prison. Leeson also shares some lighter moments, including how he was hounded by tabloid journalists convinced he had hidden the lost money somewhere.Listeners may gain a new and somewhat surprising respect for Leeson after listening to this fascinating interview.

Watch the full episode for free here: https://londonreal.tv/e/nick-leeson/ Nick Leeson is better known as the “Rogue Trader”, who was made famous for causing the fall of Barings Bank in 1995 - arguably the biggest financial scandal of the twentieth century. After losing an estimated 826 million pounds trading derivatives, and causing the bankruptcy of Barings Bank, he was sentenced to six and a half years in a Singapore prison. During this time he wrote his autobiography “Rogue Trader”, which was made into a movie starring Ewan McGregor. Today Nick spend's his time advising major financial institutions around the world, ensuring they learn from your mistakes and maintain the correct compliance, control, and transparency. NICK LEESON: Website: https://www.nickleeson.com

Watch the full episode for free here: https://londonreal.tv/e/nick-leeson/ Nick Leeson is better known as the “Rogue Trader”, who was made famous for causing the fall of Barings Bank in 1995 - arguably the biggest financial scandal of the twentieth century. After losing an estimated 826 million pounds trading derivatives, and causing the bankruptcy of Barings Bank, he was sentenced to six and a half years in a Singapore prison. During this time he wrote his autobiography “Rogue Trader”, which was made into a movie starring Ewan McGregor. Today Nick spends his time advising major financial institutions around the world, ensuring they learn from your mistakes and maintain the correct compliance, control, and transparency. NICK LEESON: Website: https://www.nickleeson.com

W spekulacji i na rynkach ból jest świetnym nauczycielem. Jak to jest stracić wszystko? Obalić dwustuletni bank? Michael rozmawia z Nickiem Leesonem, nieuczciwym traderem, który podejmując niekontrolowane ryzyko, doprowadził do upadku Barings Bank, wywołując największy skandal finansowy XX wieku. Nick Leeson opisuje proces poszukiwania duszy w więzieniu, odbudowywania swojego życia oraz sposób, w jaki szkoli banki i korporacje w zakresie zarządzania ryzykiem.

Başarı ne kadar soyut bir kavram. Ya başarısızlık? Ya şu meşhur "Batmayacak kadar büyük"ler? Peki ya onları batırabilecek kadar büyük egolar? İmkansızı başaran, dünyanın en büyük bankalarından birini tek başına batıran bir adamın; Nick Leeson'ın hikayesi..

Er war nur ein Mann, doch er brachte eine ganze Bank zu Fall. 1,4 Mrd. USD Schaden richtete er mit seinen unentdeckten Derivategeschäften an, bis eine der renommiertesten Finanzhäuser Großbritanniens Konkurs anmelden musst und für den symbolischen Preis von 1 Britischen Pfund an einen Mitbewerber verkauft wurde.   Wenn Du wissen, willst, welche 5 Killer Du im Kopf hast, die Dich jeden Tag an Deinem finanziellen Erfolg hindern wollen, dann kannst Du Dir hier Dein kostenloses Exemplar von meinem E-Book „Nicht auf den Kopf gefallen“ herunterladen: https://sven-lorenz.com/buch Wenn Dir dieser Podcast gefällt und Du für Dich viel mitnehmen kannst, würde ich mich freuen, wenn Du mir eine Bewertung auf iTunes hinterlässt. Und so funktioniert es: Klicke einfach auf den nachstehenden Link und dann auf den Button „in iTunes ansehen“ unter dem Podcast Cover. Rechts neben dem Cover findest Du nun Bewertungen und Rezensionen. Wenn Du darauf klickst, kannst Du eine (am besten 5) Sterne-Bewertung abgeben und gern auch eine Rezension mit den für Dich wichtigsten Benefits verfassen. Dafür hier schon einmal vielen Dank! https://itunes.apple.com/de/podcast/richtig-reich-der-business-finance-podcast-mit-sven-lorenz/id1278599316 Sven Lorenz - Exklusive Mastermind: https://sven-lorenz.com/business-and-finance-mastery/ Sven Lorenz Instagram: https://www.instagram.com/svenlorenz_official/ Sven Lorenz Xing: https://www.xing.com/profile/Sven_Lorenz10/ Unternehmeroffensive Deutschland – Das Business-Event des Jahres https://unternehmeroffensive-deutschland.de   Sven Lorenz Shop & mehr: https://sven-lorenz.com/buecher/       Hast Du Fragen oder Kritik, möchtest Du ein Thema in den Podcast bringen, schreib mir einfach eine Nachricht an: sl@sven-lorenz.com Wenn Dir die Folge gefallen hat, freue ich mich über Deine Bewertung und eine Rezension. Das hilft auch anderen, sich für diesen Podcast zu entscheiden. Glaubst Du, dass Deine Freunde oder Deine Familie von diesem Podcast profitieren können, erzähl es weiter. So kannst Du anderen Menschen zeigen, wie sehr Du Dich für sie und ihren Erfolg interessierst.  Hier ist der Link zum Podcast, schicke ihn einfach weiter: https://itunes.apple.com/de/podcast/richtig-reich-der-business-finance-podcast-mit-sven-lorenz/id1278599316?mt=2   Danke und herzlichen Gruß Dein Sven                                                                     „Sven Lorenz ist Teilnehmer des Partnerprogramms von Amazon EU, das zur Bereitstellung eines Mediums für Websites konzipiert wurde, mittels dessen durch die Platzierung von Werbeanzeigen und Links zu Amazon.de Werbekostenerstattung verdient werden kann.“    

In 1995 Nick Leeson single handedly sunk a 223 year old German Bank, Barings, by hiding 1.3 Billion in trade losses. It cost him everything and it started with a single, seemingly insignificant choice. Traci Phillips, The Innate Coach, shares her experience helping white collar inmates "find" themselves after they've lost it all. In this episode you'll learn: Where leaders lose it first How to get back on track Why you need to decide TODAY who you will be How to avoid the CEO slide You can connect with Traci at: FB: https://www.facebook.com/TraciPhilipsTheInnateCoach/ IG: https://www.instagram.com/traciphilips/ Website: https://theinnatecoach.com/ If you love this episode please leave us a review and share with your friends!!

On the final show of the series Pearse and Paddy interview notorious Rogue Trader, Nick Leeson. We discuss how he got his start in trading, and the infamous story of how he brought down Barings Bank, once the oldest merchant bank in England, through the famous 88888 account. We then talk about his new venture, Bizintra, discussing how he teaches fledgling traders, what the firm offers, and what the future holds for Nick and Bizintra.

If there's one person associated with the term "Rogue Trader" it's Nick Leeson, who singlehandedly brought down Barings Bank in the early 90s, following a series of efforts to cover up bad trades. After the collapse of the bank, he spent time in a Singapore prison. On this week's podcast, we talk to Nick about the experience, what he learned, and how he managed to rebuild his life. Correction: Corrects the spelling of Barings Bank in the description of the podcast.

In trading and markets, pain is a great teacher. So what does it feel like to lose everything? To bring down a two-centuries old Merchant bank? The Artful Trader's Michael McCarthy sat down with Nick Leeson, the original rogue trader, whose unchecked risk taking caused the collapse of Barings Bank in the biggest financial scandal of the 20th Century. In this episode, Nick Leeson describes the process of soul searching while in prison, rebuilding his life and how he now shares lessons about risk management to banks and corporations.www.theartfultraderpodcast.comNick Leeson website: https://www.nickleeson.com/Nick Leeson Twitter: @TheNickLeeson

The Artful Trader podcast returns... with even more renowned names from the trading world.In Series 2, we talk to guests including the original rogue trader, Nick Leeson, and ex-poker champion, Annie Duke. Each episode reveals a fascinating story about what drives these experts and how they have shaped the history of trading forever.

Today, we talk fraud. If we think about some of the most prominent frauds in recent history – from the Bernie Madoff scandal, the LIBOR case or the collapse of Enron, they all seem to have a number of complexities to them. However, as you will hear, all fraud follows a simple logic. That logic is based on trust.  My guest is Dan Davies. Dan is a former regulatory economist with the Bank of England. He has worked at a variety of investment banks and always had a fascination with the many larger-than-life financial scandals in we have all hear about. Scandals like the collapse of Barings Bank caused by rogue trader Nick Leeson (and the subject of the film “Rogue Trader” featuring Ewan McGregor), the Swiss Nazi gold case, and many more. Such is Dan's fascination with fraud that he recently wrote a fascinating book on the topic entitled Lying for Money: How Legendary Frauds Reveal the Workings of Our World. This is a very readable book that gives you almost everything you need to know about fraud. Nassim Taleb, of Black Swan fame says that “if you want to learn to fend fraud, read this. And if you want to commit fraud…don't. But if you absolutely must, read this first.” We get into the various topics covered in the book including: The concept of the “optimum level of fraud” in and economy – this sounds counter-intuitive but because both fraud and economic growth depend on trust, there will always be a level of fraud in an advanced economy; The types and characteristics of fraud; The mechanics of different types of fraud, including lots of examples; Rogue traders; Why frauds have a “snowball effect”; The role of primal, human emotions in fraud Much more Show notes: Lying for Money – at Amazon's UK site Dan on Twitter Frontline Analysts Mentioned during the episode: The Barings Bank collapse The Nazi gold case The Savings and Loan scandal Silk road The Speed of Trust by Stephen Covey The Smartest Guys in the Room – The Amazing Rise and the Scandalous Fall of Enron by Bethany McLean and Peter Elkind The Hour Between Dog and Wolf by John Coates The 1980s Medicare fraud The UK Payment Protection Insurance (PPI) Scandal “ Enron's Open Secrets” by Malcolm Gladwell Fred Goodwin The Kray Twins Triumph of the Optimists by Elroy Dimson, Paul Marsh and Mike Staunton _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Get your free audio book and 30 day free trial at Audible: US listeners: get your free trial and audio book at Audible UK listeners: get your free trial and audio book at Audible _ _ _ _ _ _ _ _ __ _ _ _ _ _ _ Like what you heard? Subscribe and/or leave a rating and review on iTunes: http://apple.co/1PjLmK Subscribe on Stitcher: http://www.stitcher.com/podcast/all-things-risk/the-all-things-risk-podcast Subscribe on Soundcloud: https://soundcloud.com/ben-cattaneo Follow the podcast on Twitter: https://twitter.com/RiskThings Drop us a note: allthingsrisk@gmail.com

This week on episode 108 of the Two Blokes Trading podcast: PART 2: Tom continues from where he left off with Nick Leeson. The conversation picks up right as they left it, discussing the strict laws enforced in Singapore before discussing the cocktail ‘The Bank Breaker’ that was named after him. Nick goes into how…

This week on episode 108 of the Two Blokes Trading podcast: PART 2: Tom continues from where he left off with Nick Leeson. The conversation picks up right as they left it, discussing the strict laws enforced in Singapore before discussing the cocktail ‘The Bank Breaker’ that was named after him. Nick goes into how the losses mounted up for him, pretty much straight from the minute he got off the plane in Singapore. Nick talks about how he’s coped since that time and how he’s been able to find his way back to trading. Guest Interview with Rogue Trader ‘Nick Leeson’The 2nd part of Tom’s interview is with Nick Leeson, the infamous trader that broke Barings Bank by losing over £800 million, over twice the available trading capital of the bank.Nick was sentenced to 6 and a half years in a Singapore prison, although he was released early after being diagnosed with colon cancer. He has recovered and since written a number of books on his experience, while Ewan McGregor played him in the 1999 movie ‘Rogue Trader’. Today, he consults on risk management to investment and financial companies around the world, while still speaking on the after-dinner circuit. He also acts as the Head Trade Consultant at Bizintra Financial Academy. Main Topics Discussed: Tom and Nick share their opinions on Singapore’s chewing gum laws before the way to land a life sentence for carrying ‘a little’ heroin ‘The Bank Breaker’ in Harry’s on Boat Quay When everything went south, starting with the original errors that lead to the five-eights account Despite Nick wasn’t technically the first ‘Rogue Trader’, he still claims to be the ’original’ Rogue Trader How he used alcohol to avoid the realisation of what was happening Not Nick --> “A little bit of naughty business…a bit of false accounting with €7billion” Tom – “How could you possibly want to keep trading after an experience like the one you had?” Nick's total loss was £862million Nick dishes out some advice around how to deal with losing and more generally, the way to come to terms with something that isn’t natural Where can you find Nick Leeson?Website: http://www.nickleeson.comTwitter: @TheNickLeeson  Two Blokes SponsorToday’s episode is sponsored by Bizintra Financial Academy. Bizintra offers sponsored trading programmes that have been developed by professional traders. Don’t pay a fortune to learn how to trade. Simply sign up by using one of their partner brokers and receive trading education and signals by institutional traders.https://bizintra.com/twoblokes/  Want to Talk Shop with the Two Blokes Community?Go to www.twoblokestrading.com/discord and you will automatically be taken to our Discord invite page where you can log in or sign up to be directed to our group.Please keep it classy in a Two Blokes sort of way and feel free to contribute stuff of value. 

This week on episode 107 of the Two Blokes Trading podcast: PART 1: New Tom takes over for the first time and sips some of Two Bloke’s favourite Zacapa Rum with old trading friend, Gareth. Tom’s first guest is infamous Rogue Trader ‘Nick Leeson’, the man who broke Barings Bank back in the early 90’s Nick…

This week on episode 107 of the Two Blokes Trading podcast: PART 1: New Tom takes over for the first time and sips some of Two Bloke's favourite Zacapa Rum with old trading friend, Gareth. Tom’s first guest is infamous Rogue Trader ‘Nick Leeson’, the man who broke Barings Bank back in the early 90’s Nick explains how he climbed the ranks in Barings using Telex to make trades and how he ‘didn’t’ get involved in a £2million World Cup bet in Singapore. Part 2 of this interview will be released next week. Guest Interview with Rogue Trader ‘Nick Leeson’Tom (the new Tom) interviews Nick Leeson, the infamous trader that broke Barings Bank by losing over £800 million, over twice the available trading capital of the bank.Nick was sentenced to 6 and a half years in a Singapore prison, although he was released early after being diagnosed with colon cancer. He has recovered and since written a number of books on his experience, while Ewan McGregor played him in the 1999 movie ‘Rogue Trader’. Today, he consults on risk management to investment and financial companies around the world, while still speaking on the after-dinner circuit. He also acts as the Head Trade Consultant at Bizintra Financial Academy. Main Topics Discussed: Tom asks Nick for some gym and lifestyle advice and is told that kebabs and pints was the diet that led him to finish the London Marathon in about four and a half hours. Starting out in Lombard Street at Coutts Bank Nick explains the differences in the technology required to make trades back in the 90’s compared to the ability to trade on your phone nowadays. The Telex! Nick speaks about what the typical trader in Coutts was like and the lifestyle he had. Working through the night and finding a work/life balance as a trader “There’s always a World Cup book going around” – There was a $2million bet on Bulgaria not turning up to the semi final Where can you find Nick Leeson?Website: http://www.nickleeson.comTwitter: @TheNickLeeson  Two Blokes SponsorToday’s episode is sponsored by Bizintra Financial Academy. Bizintra offers sponsored trading programmes that have been developed by professional traders. Don’t pay a fortune to learn how to trade. Simply sign up by using one of their partner brokers and receive trading education and signals by institutional traders.https://bizintra.com/twoblokes/  Want to Talk Shop with the Two Blokes Community?Go to www.twoblokestrading.com/discord and you will automatically be taken to our Discord invite page where you can log in or sign up to be directed to our group.Please keep it classy in a Two Blokes sort of way and feel free to contribute stuff of value. 

Adam and Danger discuss the insane case of Nick Leeson, a lowly futures trader who brought down one of the banking industry's biggest and oldest dynasties. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode you will learn; Why he started Photobox, and what it was like running a startup over the dotcom boom and bust, within the first year of it’s inception. The complexity of their raising funds, from trying and failing; from growing fast to scaling all the way back, what that felt like for them at the time. The process of buying and selling companies as a means to grow How to manage culture when absorbing other companies What it’s like starting as CEO, then hiring someone to replace you, and becoming CTO. And lots more of course... Key Quotes I don’t see myself as an Entrepreneur because to me, they feel more like the types that do it repeatedly, and perhaps I just got lucky. I’m one startup away from feeling like I’ve earned that title You dont manage one football club and get called a ‘football manager’ so to me the same is true about an entrepreneur. Top Advice: Sit back, assess a situation, and decide what to do next, instead of making a knee jerk reaction. Figure out why you want to be an entrepreneur - do you have a problem to solve, or do you want to be your own boss, if it’s the latter, don’t go sit in WeWork - get a normal job, build up your experience and contacts, and be patient until a real problem comes up that you need to solve. Other Fun Facts: He was cautioned by US naval intelligence for hacking He worked next to Nick Leeson - the infamous Rogue Trader who brought down a whole bank -

We go back to 1995 and talk to those caught up in the collapse of Barings Bank, including Nick Leeson himself, the man whose £800m gamble went wrong.

Napoleon escapes his island exile on Elba, Rogue trader Nick Leeson brings the 233 year old Barings Bank to its knees, and Levis Strauss...On This Day

Today marks the kick-off edition of Mind Over Money, the only podcast that exposes the psychology of investing. I’m Kevin Cook, your field-guide and story-teller for the fascinating arena known as behavioral economics, which includes the sub-field behavioral finance and also draws in the related research from neuroscience, where brain imaging “sheds light,” if you’ll pardon the pun, on how we make decisions about money, uncertainty, and risk.   Jason Zweig described these merging fields in his 2007 book Your Money & Your Brain: How the New Science of Neuroeconomics Can Help Make You Rich.   Zweig, as you may know, wrote for Money magazine for years and was the editor of the revised edition of Benjamin Graham’s The Intelligent Investor. He now writes for the WSJ. So he wasn’t just a journalist describing an investing fad. He’s schooled in classical investing methods and knew he was on to something of enduring importance when he either coined, or at least put on the map, the term “neuroeconomics.”   He opens his book, which I consider must-reading for all students of the market, this way…   “How could I have been such an idiot?” If you’ve never yelled that sentence at yourself in a fury, you’re not an investor. There may be nothing across the entire spectrum of human endeavor that makes so many smart people feel so stupid as investing does.   But actually, I didn’t discover Jason’s book until about 5 years ago. And I had been working on the same ideas as him prior to the financial crisis. In fact, I published part of my thesis that “Your Brain Wasn’t Made to Trade” in 2008 in an industry magazine called SFO, which stood for Stocks, Futures, and Options.   My objective with Mind Over Money is to inspire you to be nearly as interested in behavioral economics, behavioral finance, and neuroscience as Mr. Zweig and I both are. And of course, we both give you plenty of other experts and resources to aid in that endeavor. That’s because so many great and dedicated researchers came before us and created the invaluable insights of these fields.   My unique contribution is that before I discovered behavioral finance or became passionately interested in brain science, I was studying great traders and terrible traders, through their successes and their failures, on the trading floors of Chicago since the mid-1990s.   This Is Your Brain on Risk   There are a lot of forces and players on Wall Street that can separate you from your money. But our greatest financial enemy is often ourselves.   Three great areas of study give us insight about this self-sabotage: behavioral finance, neuroscience, and the collective wisdom of great investors and traders who discovered through hard-won experience what those two sciences now teach us.   When we study these areas, we can become more aware and better equipped to spot how our own minds and habits either get in the way or help us make better decisions when it comes to money, uncertainty, and risk.   One group of researchers studies people from the outside-in, the behavioral finance group, who owe much to the ground-breaking work of Daniel Kahneman and Amos Tversky in the 1970s.   The other group, the neuroscientists, studies our behavior from the inside-out, as they pinpoint what brain structures and functions are involved in different types of decisions and responses.   What happens when our minds meet markets has been a passionate area of interest for me for over 20 years, ever since I first walked on the trading floors of Chicago and watched the good, the bad, and the ugly among professional speculators.   So how did I come to the conclusion that “your brain wasn’t made to trade?” It’s a bold statement. But once I show you the evidence behind it, I bet you will agree.   The Era of Rogues and Geniuses   In 1995, when my trading career was first getting started, the oldest bank in the world collapsed because of the rogue actions of one employee. Founded in 1762, Barings Bank was wiped out by trader Nick Leeson who was taking on exceptionally large trades – and losses – in Japan’s Nikkei futures market.   And he was able to hide them for a time until the risk managers finally woke up and started to notice that accounts were not balancing.   At the time, it seemed people everywhere – from journalists and regulators to traders, bankers, and the man or woman on the street – were all shocked that something like this could happen.   I started tracking stories like this, especially as they seemed to be occurring more often. In 1998, we saw the biggest hedge fund failure ever – up to that time. It is dwarfed by comparison since then.   Long-Term Capital Management had to be bailed out by 16 Wall Street investment banks, in a campaign orchestrated by the Greenspan-led Federal Reserve, because their losses in interest rate sensitive markets around the globe were viewed as threatening to financial markets.   The bailout at over $3.5 billion is considered paltry by today’s “too big to fail” standards. But the truly notable dynamic was that the fund was run by some of the smartest minds on Wall Street, like Myron Scholes who had just won a Nobel prize in Economics the year before.   I also kept track of the big blow-outs I witnessed in the trading pits in Chicago. New floor traders would always come and go on a regular basis. But the surprises came when a 20-year veteran would suddenly vanish because he took exceptional risk that went way wrong and wiped out a multi-million dollar account.   Rogues, Gamblers, and Wizards: What can we learn from them?   As I watched the rogues and the blowouts, I also read about the great traders. Jack Schwager’s books about the Market Wizards are really required reading for anyone who wants to become a full-time trader. They are in-depth interviews with big successes like George Soros, Paul Tudor Jones, Michael Steinhardt, and options wizards like Blair Hull.   As I read these dozens of interviews across 3 of Schwager’s books, I found six themes all these great traders and investors had in common. I’m going to list them for you because even before I had ever heard of behavioral finance or became interested in brain science, these “street-smart” winners had cornered the market on the principles of being in command of their own minds and trading behavior:   1.    Psychology: emotional decision-making was a paramount discovery 2.    Discipline: having lost big without them, rules became lifesavers 3.    Risk Management: the “golden rule” is to cut losses quickly and let winners run 4.    Probability: repeatable methods & mechanics of risk/reward evaluation 5.    Consistency: steady compounding was better than windfalls and wipeouts 6.    Systems: putting the first 5 together in routines of planning & preparation When I became a professional currency trader in 1999 upon the introduction of the euro, I noticed that even bank traders were an emotional and irrational bunch. As I studied the two sciences, I concluded that our brains were “hard-wired” to break the “golden rule” of trading.   In other words, our fear-driven, excitable, and emotional brains preferred (1) to avoid losses at all costs (so we would only take them when it was almost too late) and (2) to take gains quickly. This irrational and upside-down approach to risk/ and reward was the mathematical road to insolvency.   So I started researching how to train “trader brains” and I developed a probability simulation called Masters of PROP: Probability, Risk, and Optimal Profit. That trader training never goes out of date because its subject material, human brains, remain irrational, decade after decade.   Is It All Just About Greed?   So if the Market Wizards principles of the world’s best traders and investors worked so universally, what were the rogue traders and reckless fund managers doing – just the opposite?   Well, it’s a little more complicated than that. Because while there might be a half-dozen ways to do things right, there are many dozens, if not hundreds, of ways to make our money go away.   What always gets highlighted with rogues and “geniuses” that fail is that they were just greedy. But as I put together my thesis that “Your Brain Wasn’t Made to Trade” in the early 2000s, I came up with 3 more distinct and important drivers of financial bad behavior…   #1: Ego and the desire to be seen as “the great trader.” This was evident in so many of the rogue trader stories, like John Rusnak accumulating $700 million in losses for Allied Irish bank between 1997 and 2002.   #2: Irrational or immature beliefs about money, success, self-worth, and happiness such as “I deserve it!” or “This needs to happen now!” or “Once I win this back, I’ll make everything right again.” This kind of stuff tends toward either unconscious or full-blown narcissism with lots of emotional immaturity in between.   #3: Ignorance or lack of skill with probability   The primary reason I think we gain so much from studying rogues and other reckless gamblers is because what the rogue does to a billion dollars of other people’s money, we can do to our own accounts if we are not aware of our mental habits and cognitive biases as they impact our decision-making with money and risk.   And here, I have a confession to make.   While I could be as guilty as any investor-trader of any of these faults, the one I knew I had to immediately do something about was Probability. As a trading floor clerk in the late 1990s, I realized I had to make up for my lack of understanding and skill with probability.   And since equations were not my favorite things in high school or college, I found that the stories of how probability was invented and how it was used – in the options markets, in Vegas, in sports, and in weather modeling – pulled me in and gave me a practical way to learn the math I needed to know.   I must have read the stories of how Pascal and Fermat invented modern probability theory in the 1650s a dozen times before it started to sink in and I could make sense of all the equations that came after.   But you’re probably still wondering where I get the nerve to say Your Brain Wasn’t Made to Trade?   It’s all in this week’s podcast.   And be sure to check out my weekly video where I expose the psychology of investing with behavioral and cognitive biases. My most recent gives a great example of mental accounting.

Episode 5: In conversation with Nick Leeson Conor Devine interviews , Nick Leeson, 21 years after the fall of Barings Bank and asks the question; "What has changed in that time?" Nick offers some serious advice to everyone when it comes to those moments of adversity, making the important decisions and sustaining focus.

It's 20 years since a precocious trader brought Britain's oldest merchant bank to its knees. In this edition of The Reunion, Sue MacGregor brought together Nick Leeson and his former boss Peter Norris for the first time since the bank's spectacular demise in 1995. (An extract from 'The Reunion', first broadcast on 12/08/11)