Nick Leeson, the infamous trader whose 1.4B loss led to the collapse of Barings Bank 30 years ago. Leeson reflects on his overwhelming feelings of embarrassment and shame stemming from his role in the bank’s downfall, emphasizing that despite a successful start to his banking career, he ultimately failed to achieve what he wanted. He shares insights into the mindset he had while concealing significant trading losses, highlighting his misguided optimism in looking for positive outcomes to mitigate the situation.
