Trading jacket worn by Nick Leeson could fetch nearly $30,000

Nick Leeson

A memorabilia trader hopes a jacket worn by Nick Leeson whose trading activity eventually brought down a major bank could be sold for more than £20,000 ($28,836).

The Basildon Recorder reports that Marc McLennan, who runs Sport and Star Autographs, based at Basildon’s Eastgate Centre, is sounding out potential buyers for the jacket, which was once worn by Nick Leeson.

The disgraced banker left the jacket behind as he hastily fled Singapore in 1995, by which time his unauthorised speculative trading had led to losses of hundreds of millions of pounds.

The broker’s fraudulent activity was almost wholly responsible for the collapse of his employers, Barings Bank, which went bust just a month after Leeson left Singapore.

To access the complete Basildon Recorder article hit the link below:

Trading jacket warn by rogue banker who caused bank collapse could fetch £20,000

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