9 Questions
Which bank did Nick Leeson destroy?
Bearings Bank
In what year did the story begin?
1992
What was Bearings Bank once considered?
The sixth great European power
What did Nick Leeson do to achieve success?
Fraudulent activities
What was Nick Leeson's reputation in the foreign futures market?
He was considered a whiz kid in the sense that he was responsible for 10% of Baring's yearly profits
What led to Bearings downfall?
Nick's employees accidentally bought futures contracts instead of selling them
What did Nick do to compensate for the mistake made by his employee?
He created an error account connected to the bank's funds
How much money did the client lose due to the mistake?
Twenty thousand pounds
Why couldn't Nick simply add twenty thousand pounds to the client's account?
He didn't have the funds to add to the client's account
Quiz: The Inspiring Story of Nick Leeson and the Fall of Barings Bank Discover the remarkable journey of Nick Leeson, a British working-class individual who rose to prominence by committing fraud on stock exchanges. This quiz explores Leeson's ascent to success and his ultimate role in the downfall of Barings Bank, England's oldest financial institution. Test your knowledge on this captivating tale of ambition, deception, and the consequences that followed.
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