25th anniversary: Barings Bank, the oldest merchant bank in London, was declared insolvent after...
History · Anniversaries · Wed, February 26, 2020
1995: Barings Bank, the oldest merchant bank in London, was declared insolvent after its head derivatives trader in Singapore, Nick Leeson, lost £827 million while making unauthorised trades on futures contracts.
Also on Feb 26, 2020
| Date | Event | When |
|---|---|---|
| Wed, Feb 26, 2020 | Ash Wednesday | 7 yr ago |
Source, method and history
- Source
- Wikipedia
- How we know
- Wikipedia "On this day" selected anniversary, 25 years (1995 to 2020).
- Recurs
- annual
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- 2026-09-25: added to 2020-02-26