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
$34.53 |
Change
-0.030(0.09%) |
Mkt cap ! $107.1B |
Open | High | Low | Value | Volume |
$34.39 | $34.63 | $34.21 | $220.0M | 6.616M |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 2054 | $34.50 |
Sellers (Offers)
Price($) | Vol. | No. |
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$34.54 | 25182 | 3 |
View Market Depth
No. | Vol. | Price($) |
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1 | 1117 | 34.250 |
1 | 1400 | 34.180 |
1 | 75 | 34.100 |
1 | 1500 | 34.050 |
1 | 1500 | 34.020 |
Price($) | Vol. | No. |
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34.560 | 2500 | 2 |
34.580 | 347 | 1 |
34.600 | 3658 | 5 |
34.610 | 2500 | 1 |
34.650 | 4878 | 6 |
Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
$34.48 |
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Change
-0.030 ( 0.04 %) |
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Open | High | Low | Volume | ||
$34.33 | $34.63 | $34.21 | 902291 | ||
Last updated 15.59pm 17/05/2024 ? |
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