Nick Leeson, Former Rogue Trader, Reemerges as a Private Spy (1)

March 22, 2023, 7:30 AM UTC

Nick Leeson, the former derivatives trader who brought down Barings Bank, has joined a corporate intelligence firm run by ex-Black Cube operative Seth Freedman.

Leeson, 56, will investigate financial misconduct with the London-based Red Mist Market Enforcement Unit to help investors seek compensation in court when regulators are unable to help, he said in an interview.

“I have also been on the other side of the equation and understand the psychology of some of the people involved,” the one-time star trader said.

Nick Leeson
Source: NMP Live Ltd

Leeson’s website describes him as the “original rogue trader.” He amassed losses of about $1.4 billion ...

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