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
$34.66 |
Change
0.260(0.76%) |
Mkt cap ! $107.5B |
Open | High | Low | Value | Volume |
$34.80 | $34.80 | $34.53 | $117.1M | 3.380M |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 2000 | $34.63 |
Sellers (Offers)
Price($) | Vol. | No. |
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$34.66 | 10267 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 2000 | 34.630 |
1 | 9000 | 34.620 |
1 | 289 | 34.610 |
4 | 4770 | 34.600 |
2 | 2000 | 34.590 |
Price($) | Vol. | No. |
---|---|---|
34.660 | 10267 | 1 |
34.680 | 5140 | 3 |
34.690 | 9075 | 4 |
34.700 | 6267 | 4 |
34.710 | 8119 | 2 |
Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
$34.61 |
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Change
0.260 ( 0.52 %) |
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Open | High | Low | Volume | ||
$34.79 | $34.79 | $34.53 | 902791 | ||
Last updated 15.59pm 06/05/2024 ? |
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