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, th...

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

Signs of a possible deal to re...

00:05:25

Signs of a possible deal to reopen the Strait of Hormuz

Newstalk Breakfast

00:05:25


The rate of c-sections continu...

00:06:12

The rate of c-sections continues to rise in Ireland

Newstalk Breakfast

00:06:12


Eye protection advice when vie...

00:09:56

Eye protection advice when viewing the solar eclipse

Newstalk Breakfast

00:09:56


The Butt Face toy that’s got e...

00:05:48

The Butt Face toy that’s got everyone talking!

Newstalk Breakfast

00:05:48