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
$35.02 |
Change
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Mkt cap ! $108.4B |
Open | High | Low | Value | Volume |
$34.89 | $35.03 | $34.76 | $35.73M | 1.023M |
Buyers (Bids)
No. | Vol. | Price($) |
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16 | 4548 | $35.01 |
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Price($) | Vol. | No. |
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18 | 5055 | 35.000 |
13 | 7414 | 34.990 |
19 | 8061 | 34.980 |
12 | 5663 | 34.970 |
11 | 4541 | 34.960 |
Price($) | Vol. | No. |
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35.010 | 4380 | 9 |
35.020 | 4257 | 9 |
35.030 | 7416 | 19 |
35.040 | 5912 | 14 |
35.050 | 35185 | 33 |
Last trade - 13.19pm 07/06/2024 (20 minute delay) ? |
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Last
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Change
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Last updated 13.37pm 07/06/2024 ? |
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