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

£830,000,000 - Nick Leeson and the Fall of the House of Barings (1996)

1996-06-12 · 53m · EN
80%
User score
1 votes
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A documentary detailing the collapse of Barings Bank in the mid-1990s due to the machinations of Nick Leeson.

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.

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Mots-clés

London, englandFraudEnglandGreat britainUnited kingdomBankingFinancial crisisStock marketEconomics

Movie DNA

Affinité de genreDocumentaireRythmeCourtPréférence de réalisation820075Préférence de paysGbPréférence de décennie1990Préférence de duréeCourt

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Frequently asked questions about £830,000,000 - Nick Leeson and the Fall of the House of Barings

What is £830,000,000 - Nick Leeson and the Fall of the House of Barings about?

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.

How long is £830,000,000 - Nick Leeson and the Fall of the House of Barings?

£830,000,000 - Nick Leeson and the Fall of the House of Barings has a runtime of 53 minutes.