Financial Advisor Magazine
Barings Bank, which financed historic endeavors such as the Louisiana Purchase and building of the North American railroad network in the 19th century, is the subject of a new museum exhibit.
The exhibit, entitled “Barings in America: An Interactive Investment Experience,” commemorates the 250th anniversary of the bank's founding and opens tomorrow at the Museum of American Finance at 48 Wall Street in New York City.
During its long tenure, Barings saw its share of both tremendous gains and miscalculated debacles. After unauthorized trading by an employee lost the bank $1.3 billion in 1995, Barings collapsed. The bank’s legacy now lives on through The Baring Archive...