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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From ABC on lineOnly a low probability? Well, thats encouraging....
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Mkt cap ! $116.4B |
Open | High | Low | Value | Volume |
$37.11 | $37.75 | $36.92 | $189.2M | 5.040M |
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No. | Vol. | Price($) |
---|---|---|
2 | 592 | $37.57 |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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2 | 592 | 37.570 |
1 | 18193 | 37.540 |
2 | 14206 | 37.520 |
2 | 4483 | 37.500 |
2 | 13283 | 37.490 |
Price($) | Vol. | No. |
---|---|---|
37.750 | 5278 | 1 |
37.760 | 5805 | 5 |
37.770 | 15029 | 3 |
37.780 | 15800 | 3 |
37.790 | 23376 | 2 |
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