Nick Leeson apologies to Barings boss for Bank Crash

The “rogue trader” Nick Leeson who brought down Barings Bank has for the first time made a heartfelt apology to his former boss. He told Peter Norris, now Chairman of Virgin Group Holdings, of his remorse after the two were brought together for a BBC radio programme. Mr Leeson brought down Barings Bank with losses of £827 million in 1995. …