Who founded Barings Bank?

Collapsed (Purchased for £1 by ING ). Barings Bank was a British merchant bank based in London, and one of England's oldest merchant banks after Berenberg Bank, Barings' close collaborator and German representative. It was founded in 1762 by Francis Baring, a British-born member of the German–British Baring family of merchants and bankers.

What happened to Barings Bank?

Barings was among the world's largest banks and was considered one of its most stable. However, thanks to unauthorized speculation in futures contracts and other speculative transactions, the bank abruptly ceased operations on Feb. 26, 1995. The direct cause was its inability to meet its cash requirements following those unauthorized trades.

What does Barings do?

At Barings, we harness the power of our global platform to deliver value for our clients across private real estate equity and debt investments.