Exactly 23 years ago to the day, Barings, the City’s oldest merchant bank, went bust. Just three days earlier, on February 23 1995, the rogue trader responsible for the collapse of the 233-year-old institution, left a note on his desk that simply read: “I’m sorry.”
Nick Leeson is now 51 (it was his birthday yesterday) and much has happened since the father-of-one from a second marriage racked up losses of £837m in the now-infamous 88888 ‘error’ account, not least a four-and-a-half-year stint in a Singapore jail and a battle with colon cancer.