Barings LLC, known as Barings, is an international investment management firm owned by Massachusetts Mutual Life Insurance Company. It operates as a subsidiary of MassMutual Financial Group, a diversified financial services organisation. As of June 30, 2021, Barings held US$382+ billion in assets under management.
Is Barings owned by MassMutual?
About Barings
With investment professionals based in North America, Europe and Asia Pacific, the firm, a subsidiary of MassMutual, aims to serve its clients, communities and employees, and is committed to sustainable practices and responsible investment. Learn more at
Who brought down Barings Bank in 1995?
The collapse of Barings Bank in February 1995 was caused by colossal losses incurred by a single rogue trader. Nick Leeson, the bank's then 28-year-old head of derivatives in Singapore, gambled more than $1 billion in unhedged, unauthorized speculative trades, eliminating the venerable merchant bank's cash reserves.