Baring Securities Had Full Details Of Leeson Trades, Says Singapore Report

Baring Securities had access to details of the unauthorised futures trades that led to the downfall of Barings plc earlier this year, according to last month's Singapore government report into bank's collapse.

According to the report's authors, Michael Lim and Nicky Tan, details of margin calls on all Baring's Singapore trades were transmitted daily to Baring Securities throughout the Singapore operation's three-year life.

Baring Futures Singapore (BFS) used a computerised settlement system to

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a 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 individual account here: