Barings Bank was founded in 1762 and was Britain's oldest merchant bank, trusted even by Queen Elizabeth herself. But in 1995, a 28-year-old trader in Singapore brought the whole 233-year-old institution to its knees via a mysterious account numbered 88888, buried deep inside the bank's paperwork. Nick Leeson’s actions triggered a global manhunt, and brought forth a sweeping wave of regulatory changes in Singapore’s financial system. We trace how the rogue trader hid billions in losses from the financial and regulatory institutions that were supposed to spot the warning signs.
Tell You First is an original podcast produced by Mediacorp and Ministry of Funny (@ministryoffunny).
Credits:
Hosted and Produced by Terence Chia (@tchia) and Haresh Tilani (@hareshtilani)
Sound Engineering - Tristen Yeak (@yeakstreet)
Production Manager - Z’en Peck (@peck.takes.photos)
Commissioning Editor - Danny Koordi
If you're a fan of our work, you can follow the podcast on the meLISTEN app, Spotify, or Apple Podcasts. You can also watch selected video episodes of the podcast on YouTube through the Mediacorp Entertainment channel. Also, catch Tell You First Shorts on Mediacorp's socials.
Podcast artwork by Denise Nicole Yap, you can reach her on Instagram @deniseardenise
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