Nick Leeson warns of financial trading pitfalls

“My face should be the biggest warning signal.”

Twenty-one years after single-handedly sinking the world’s second oldest merchant bank, former Barings Bank rogue trader Nick Leeson is a man acutely aware of his past.

Having racked up more than £860m in losses as years of Leeson’s fraudulent trading careered out of control, Barings Bank went bust and Leeson was sentenced to six and a half years in a Singapore prison.