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
$34.57 |
Change
0.110(0.32%) |
Mkt cap ! $107.5B |
Open | High | Low | Value | Volume |
$34.60 | $34.80 | $34.50 | $96.25M | 2.778M |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 1427 | $34.57 |
Sellers (Offers)
Price($) | Vol. | No. |
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$34.58 | 4123 | 7 |
View Market Depth
No. | Vol. | Price($) |
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16 | 2543 | 34.530 |
16 | 3956 | 34.520 |
11 | 4209 | 34.510 |
12 | 8658 | 34.500 |
8 | 2934 | 34.490 |
Price($) | Vol. | No. |
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34.540 | 5708 | 33 |
34.550 | 5682 | 17 |
34.560 | 5281 | 9 |
34.570 | 6256 | 12 |
34.580 | 4597 | 9 |
Last trade - 15.50pm 04/06/2024 (20 minute delay) ? |
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Last
$34.57 |
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Change
0.110 ( 0.60 %) |
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Open | High | Low | Volume | ||
$34.60 | $34.80 | $34.50 | 562142 | ||
Last updated 15.59pm 04/06/2024 ? |
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