From ABC on line
Only a low probability? Well, thats encouraging. Shite!!!!
NAB ups estimated rogue trading loss
The National Australia Bank (NAB) has upped its estimate of the losses stemming from a rogue trading currency scandal and warned there could be more to come.
The bank now says the removal of fictitious trades from its foreign currency options portfolio will result in a pre-tax loss of $185 million.
That is slightly above the original estimate of $180 million.
The NAB says it is undertaking a market revaluation of the remaining portfolio, which could lead to additional losses.
It says there is a very low probability that the total losses will be as high as the $600 million being speculated on in the market.
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Last
$33.96 |
Change
-0.440(1.28%) |
Mkt cap ! $105.3B |
Open | High | Low | Value | Volume |
$34.00 | $34.03 | $33.73 | $109.1M | 3.215M |
Buyers (Bids)
No. | Vol. | Price($) |
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3 | 10518 | $33.96 |
Sellers (Offers)
Price($) | Vol. | No. |
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$33.97 | 10705 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 23 | 33.840 |
3 | 3271 | 33.800 |
1 | 29 | 33.790 |
1 | 1565 | 33.780 |
4 | 2292 | 33.750 |
Price($) | Vol. | No. |
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34.050 | 192 | 2 |
34.060 | 200 | 1 |
34.080 | 637 | 1 |
34.090 | 2000 | 1 |
34.100 | 4509 | 3 |
Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$33.99 |
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Change
-0.440 ( 1.01 %) |
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Open | High | Low | Volume | ||
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Last updated 15.59pm 24/05/2024 ? |
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