They then decide to return to London but Nick is arrested en route in Frankfurt. Nick doesn't realise the severity of his losses until he reads in the newspaper that Barings has gone bankrupt. However, everything isn't as it appears – through the 88888 error account, Nick is hiding huge losses as he gambles away Barings' money with little more than the bat of an eyelid from the powers-that-be back in London.Įventually the losses mount up to well over £800 million and Nick, along with his wife Lisa, decide to leave Singapore and escape to Malaysia. The movie follows Leeson's rise as he soon becomes one of Barings' key traders.
Rogue Trader tells the true story of Nick Leeson, a young employee of Barings Bank who after a successful spell working for the firm's office in Indonesia is sent to Singapore as General Manager of the Trading Floor on the SIMEX exchange.
