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.
- Forums
- ASX - By Stock
- NAB
- nab ups forecast of losses from rogues
nab ups forecast of losses from rogues
-
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NAB (ASX) to my watchlist
(20min delay)
|
|||||
Last
$34.56 |
Change
0.000(0.00%) |
Mkt cap ! $107.2B |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 2620 | $38.01 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$32.84 | 45774 | 19 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 2620 | 38.010 |
1 | 13706 | 36.290 |
6 | 13601 | 36.280 |
2 | 1168 | 36.250 |
1 | 110 | 35.700 |
Price($) | Vol. | No. |
---|---|---|
32.840 | 45010 | 18 |
32.990 | 400 | 1 |
33.000 | 83 | 1 |
33.380 | 41 | 1 |
33.530 | 16 | 1 |
Last trade - 10.04am 05/06/2024 (20 minute delay) ? |
|
|||||
Last
$34.71 |
  |
Change
0.000 ( 0.40 %) |
|||
Open | High | Low | Volume | ||
$34.61 | $34.73 | $34.57 | 30338 | ||
Last updated 10.23am 05/06/2024 ? |
Featured News
NAB (ASX) Chart |
Day chart unavailable
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online