Name: £830,000,000 - Nick Leeson and the Fall of the House of Barings
Released: 1996-06-12

Inside Story

S15 · E6 — £830,000,000 - Nick Leeson and the Fall of the House of Barings

S15:E6 · £830,000,000 - Nick Leeson and the Fall of the House of Barings

Episodes

14 episodes in this season

A Peaceful Exit

A Band is Born

Caroline's Baby - Update

55 min

On My Feet Again

Alison's Last Mountain

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£830,000,000 - Nick Leeson and the Fall of the House of Barings

Stalker Squad

Miracle Babies: The Story of the Dionne Quintuplets

The Lady Guns

E10

Caring for Christopher

50 min

Eurocops '96

Betrayal

Karzan's Brothers

Maxwell - The Downfall

Inside Story

TV Series

19744.0

Documentary

Now playing

£830,000,000 - Nick Leeson and the Fall of the House of Barings

Season 15 · Episode 6 · Jun 12, 1996

25 Million Pounds details the collapse of Barings Bank in the mid 1990s primarily by a broker called Nick Leeson, who lost £827 million ($1.3 billion) by speculating on futures contracts. The film contextualises the downfall as the history of Barings Bank was one of the oldest and most prestigious merchant banks in Britain, run by the same family for decades with extensive ties to Britain's elites. But in the late 19th century Barings almost went bankrupt after investing heavily in South American bonds, including backing the construction of a sewer system in Buenos Aires. The bank was saved by The Bank of England, but Edward Baring, the head of the bank, was financially ruined and never recovered. This film explores the culture of Barings and of the financial markets during the 1990s, and how Nick Leeson was able to cause another huge loss of money to the bank, this time bankrupting the company.

More details

Inside Story

TV Series

19744.0

Documentary

Now playing

£830,000,000 - Nick Leeson and the Fall of the House of Barings

Season 15 · Episode 6 · Jun 12, 1996

More details