The old line British investment bank and security dealer that collapsed in 1995 due to massive losses in trading derivatives was:

Question

Quizplus · Accepted Answer

Barings Brothers, a prestigious British investment bank, collapsed in 1995 due to unauthorized speculative trading in derivatives by one of its employees, Nick Leeson, in its Singapore office. This led to massive losses that the bank could not absorb, resulting in its bankruptcy.

The Old Line British Investment Bank and Security Dealer That