Lessons learned?

Rogue traders are typically loners who conduct high-risk deals, undetected, usually causing large losses for their clients and employers. Barings was described as a “wake up call that no one would forget”. But since 1995, more rogue traders have emerged, causing ever greater losses.

Top five rogue traders:

2012 Bruno Iksil, Jpmorgan

Chase, $9 billion

2008 Howie Hubler, Morgan

Stanley, $9 billion

2008 Jérôme Kerviel (photo), Société Générale, $7.2 billion 2006 Brian Hunter, Amaranth

Advisors, $6.5 billion

1998 John Meriwether, Longterm Capital Management, $4.6 billion