Download or read book Baring Brothers and the Birth of Modern Finance written by Peter E. Austin and published by Routledge. This book was released on 2007 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Unitilizing British and American archives, Peter Austin charts Baring Brothers development from wool merchants to one of the most powerful global financial instututions. Throughout the 19th century the company grew in tandem with the British Empire. In 1995, the company collapsed over a weekend, brought down by 'rogue trader' Nick Leeson.