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</html><description>On February 26, 1995, Barings, the oldest bank in Britain, announced it was seeking bankruptcy protection after losing nearly one billion dollars in a stock gamble, according to Time magazine. In late 1994, the chief trader at Barings's Singapore office began betting big on Japan's Nikkei market. Then disaster struck. An earthquake hit Kobe, Japan, Read more...</description><thumbnail_url>https://www.christianitytoday.com/pastors/wp-content/uploads/sites/19/2025/12/ogimage.png?resize=1200,628</thumbnail_url><thumbnail_width>1200</thumbnail_width><thumbnail_height>628</thumbnail_height></oembed>
