Barings LLC

[7] As of December 31, 2023 Barings held US$381+ billion in assets under management.

[1] In the 1950s, Barings realised the potential of asset management and set up its own investment department in 1955.

In the 1970s, Barings expanded this business internationally with offices in the Far East, North America and Europe.

[12] In 1995, Barings Bank, the oldest investment bank in Britain, collapsed as a result of unauthorised trading by its head derivatives trader in Singapore, Nick Leeson, who was imprisoned for six and a half years in Singapore.

[15][16] Northern Trust acquired Baring Asset Management’s Financial Services Group.