Grim-faced state of siege
Monday 27 February 1995
ead offices as the stricken bank adopted a siege mentality.
Many of the bank's staff cut short their weekend to report for duty but few were prepared to comment on the crisis or the negotiations inside.
Tight-lipped employees, some dressed in City suits, others in casual weekend attire, hurried in through the front entrance and left grim-faced via the rear.
"People are just coming in to see what they can do," one said. Asked to comment on the atmosphere inside, he said, "I couldn't say."
Another said she would have come in for work that Sunday anyway. "Barings is a good employer, people like working for them."
One woman arrived at the offices unaware of the bank's precarious position. She was seen, head in hands, discovering the news in the day's papers.
The head office is a sleek 20-storey building and a model of City discretion. It does not even feature the name of the company outside.
Normally the premises would be deserted on a Sunday but yesterday saw bank staff, lawyers and computer specialists coming in to lend a hand.
Outside two chauffeur-driven Mercedes were parked all day, engines running ready to ferry directors to the Bank of England in Threadneedle Street just around the corner. At 5pm the drivers ordered pizzas, obviously expecting a long night. ahead.
At 6pm there was a flurry of activity as a group of executives walked hurriedly to the limousines and waiting taxis.
At the rear, the bad news for the bank continued. In their rush to lend a hand in the crisis, many staff had parked their cars on double yellow lines.
The attendants were handing out tickets.
- 1 What happens to your body when you give up sugar?
- 2 Drugs Live cannabis trial: Hash is less harmful than any other drug, expert claims
- 3 Turkish Airlines flight TK 726 crash-lands on Nepal runway amid dense fog
- 4 Penis size: Study revealing 'what's normal' sends international media into meltdown
- 5 Have sex with your iPad thanks to the new sex toy no-one asked for
Turkish Airlines flight TK 726 crash-lands on Nepal runway amid dense fog
Ayesha Ali death: Mother and her girlfriend found guilty of manslaughter of eight-year-old
George Clooney and Amal fail to get special treatment at New York restaurant
Cindy Crawford 'un-PhotoShopped' viral Marie Claire image was doctored, claims photographer
'A girl is more responsible for rape than a boy': The statement that shocked the world... except India
Durham Free School: 'Creationism taught at' free school facing closure
Nearly 100,000 of Britain's poorest children go hungry after parents' benefits are cut
Ukip would cut billions from Scottish budget to fund English tax cuts
End of the licence fee: BBC to back radical overhaul of how it is funded
Ukraine crisis: Top Chinese diplomat backs Putin and says West should 'abandon zero-sum mentality'
Boris Nemtsov shot dead: Outspoken Putin critic who had expressed fears for his life is killed near the Kremlin
iJobs Money & Business
£25000 - £30000 per annum + benefits: Ashdown Group: A global leader operating...
Voluntary post, reasonable expenses reimbursed: Reach Volunteering: Would you ...
£36,000 - £40,000: Christine McCleave: Are you looking for a new opportunity a...
£15000 - £18000 per annum: Recruitment Genius: This is a great opportunity for...