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
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Mkt cap ! $108.4B |
Open | High | Low | Value | Volume |
$34.89 | $35.00 | $34.76 | $29.58M | 847.5K |
Buyers (Bids)
No. | Vol. | Price($) |
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11 | 6186 | $34.99 |
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Price($) | Vol. | No. |
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$35.00 | 53810 | 68 |
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No. | Vol. | Price($) |
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18 | 3342 | 34.960 |
15 | 8540 | 34.950 |
13 | 4346 | 34.940 |
11 | 5400 | 34.930 |
11 | 5058 | 34.920 |
Price($) | Vol. | No. |
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34.970 | 71 | 2 |
34.980 | 8226 | 12 |
34.990 | 7900 | 18 |
35.000 | 50602 | 58 |
35.010 | 7774 | 13 |
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Change
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Last updated 13.06pm 07/06/2024 ? |
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