Advertisement

"I could be up €100m on a Monday, down €200m on a Tuesday"

In 1993, Nick Leeson made £10m - 10% of the Barings bank’s profits for that year. But in 1995,...

Share this article

18.33 24 Feb 2020


"I could be up €100m on a Monday, down €200m on a Tuesday"


Listen to this episode


Share this article

18.33 24 Feb 2020


In 1993, Nick Leeson made £10m - 10% of the Barings bank’s profits for that year. But in 1995, the discovery of a secret file - Error Account 88888 - showed that Leeson had gambled away £827m in Barings’ name.

Former Trader Nick Leeson himself joined Ivan in Galway to share his incredible story 25 years later..


Read more about

Barings Bank Finance Galmont Hotel Galway City Nick Leeson Secret File

Related Episodes

The Government is budgeting li...

00:08:36

The Government is budgeting like there’s no tomorrow assessment finds

Newstalk Breakfast

00:08:36


Are too many learner drivers m...

00:04:59

Are too many learner drivers making our roads unsafe?

Newstalk Breakfast

00:04:59


Has Ireland fallen behind Euro...

00:05:29

Has Ireland fallen behind Europe when it comes to childcare?

Newstalk Breakfast

00:05:29


MetroLink facing ‘inevitable d...

00:04:43

MetroLink facing ‘inevitable delay’

Newstalk Breakfast

00:04:43