Barings Bank

The 1995 Barings bank collapse – a failure we might learn from.

Not much remains to remind us of Barings Bank, which collapsed nearly a quarter of a century ago, after having done pretty well for the Baring family for around 250 years. Technically, it was KO’d by the actions of just one man, but really, it probably couldn’t have happened without the unwitting culpability of just about every director and senior manager in the organization.