Rogue trader joins Irish advice firm

Nick Leeson, the former rogue trader who was instrumental in the collapse of Britain’s oldest bank has joined a specialist debt advice firm based in Dublin.

Leeson, who as a Singapore-based derivatives trader for the UK’s Barings Bank in the early 'nineties accumulated losses of more than US$1 billion, causing the bank’s collapse in 1995, has been recruited by GDP Partners to provide advice to struggling borrowers, Reuters has reported.

"His experience and background will add significant value to what we are trying to achieve on behalf of our clients," GDP Partners said in the statement.

Leeson spent three years in a Singaporean jail before authoring the book Rogue Trader, which was subsequently turned into a feature film starring Ewan McGregor.

Rogue trader joins Irish advice firm
ifa logo

The ifa Excellence Awards are back in 2021 and nominations are now open!

This prestigious accolade recognises exceptional professionals within the financial advice industry, shining a light on the outstanding achievements from the nation's best and brightest. If this sounds like you or someone you know, then nominate today for the ifa Excellence Awards 2021!

Subscribe to the ifa bulletin

Receive daily online news,analysis, reports and business strategies
By signing up you agree to our Terms of Use and Privacy Policy

Website Notifications

Get notifications in real time and stay up to date with content that matters to you.