The "rogue trader" Nick Leeson who brought down Barings Bank has for the first time made a heartfelt apology to his former boss.
He told Peter Norris, now Chairman of Virgin Group Holdings, of his remorse after the two were brought together for a BBC radio programme.
Mr Leeson brought down Barings Bank with losses of £827 million in 1995.
After hearing his apology, Mr Norris told him: "I think I wanted to punch your lights out."
Mr Leeson replied: "I wouldn't have blamed you if you had." Full story
