Baring the bruntIt's a sad but true fact of life in the derivatives industry that the first thing that most people will say when you mention your employment will almost certainly contain the names Nick Leeson and Barings. Still, it gives one an easy excuse to stop talking about derivatives fairly quickly, which can't be a bad thing. But there's likely to be a lot more of this to deal with in the near future as we're rapidly approaching the tenth anniversary of the whole Barings debacle. Perhaps aware of the inevitable palaver this would entail, ING has finally decided to divest itself of the last bits of business bearing the Barings moniker. A reasonable decision I suppose, although it might have made rather more sense if ING had ever had the first idea what to do with the company they paid a handful of loose...