Perspectives - Nick Sawyer

10-year anniversary

nick-sawyer-gif

Asia Risk magazine was launched in November 1995, just a few months after Nick Leeson brought Barings to its knees after chalking up $1.3 billion in losses trading Nikkei 225 futures contracts. The revelation that Leeson was head trader and the de facto head of back office - a dual role that enabled him to hide losses on speculative trading positions in the infamous 88888 account - put risk management firmly on the agenda of financial institutions in Asia.

But the key turning point wa

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: