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
$36.00 |
Change
0.740(2.10%) |
Mkt cap ! $111.6B |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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1 | 471 | $35.98 |
Sellers (Offers)
Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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1 | 471 | 35.980 |
1 | 5002 | 35.940 |
2 | 631 | 35.860 |
1 | 18190 | 35.850 |
3 | 7845 | 35.840 |
Price($) | Vol. | No. |
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36.000 | 3119 | 3 |
36.020 | 277 | 1 |
36.030 | 7954 | 3 |
36.050 | 4961 | 4 |
36.060 | 7838 | 2 |
Last trade - 16.10pm 18/06/2024 (20 minute delay) ? |
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Change
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Last updated 15.59pm 18/06/2024 ? |
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