Thirty years ago today, on February 27, 1995 (January 28, 1995 lunar calendar), Barings Bank in the United Kingdom collapsed. Richardson was arrested by the police at Frankfurt Airport in Germany. On February 27, 1995, the British Central Bank announced that Barings Bank, a British commercial investment bank, had collapsed due to operational errors. The news immediately caused a series of strong fluctuations in the financial world of Asia, Europe and the Americas. The exchange rate of the pound against the mark in the Tokyo stock market fell to a low of nearly two years. The London stock market also plummeted, and the Dow-Jones index in New York fell by 29 percentage points. Nick Richardson, the main responsible person, fled after the incident. The 28-year-old head of Barings Bank's Singapore branch bought $7 billion worth of Japanese stock index futures on the bank's behalf without authorization, and short-bought $20 billion worth of short-term interest rate bonds in the Japanese futures market. If these transactions are successful, Ricson will make huge profits, but the Japanese bond market has been falling since the Hanshin earthquake. According to incomplete statistics, Barings Bank lost more than 1 billion US dollars, which has exceeded the total value of the bank's existing 860 million US dollars, so Barings Bank had to declare bankruptcy. The 233-year-old bank, which played an important role in the United Kingdom, has been replaced by a new owner. On March 2, the police arrested Leeson. People who are closely monitoring the situation