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Nab rogue traders scandal. TYRANT, mug two years of public dissection have left Australia with these four caricatures of the people behind a scandal that sullied the., philosopher, automaton

The following contains a list of trading losses of the equivalent of USD100 million , some notable losses may never be reported to the public The list is ordered by the real., fund managers, higher Trading losses are the amount of principal losses in an cause of the secretive nature of many hedge funds

17 Mar 2004 The bank blamed the losses onunauthorised” trading byrogue” employees at its foreign exchange options desk While accepting this APRA is now investigating the bank 39 s risk management policies, but it knew about the foreign currency risks at NAB for 18 months before the scandal merely.

TWO former National Australia Bank traders have been jailed over their roles in the A 360 million pounds sterling 145 million) rogue trading scandal that rocked the. Several currency traders , their managers at the centre of the National Australia Bank s multi million dollar foreign currency trading scandal have been.

4 Jul 2006 Two rogue traders involved in a financial scandal at banking giant NAB are behind bars tonight after a judge found they had been enmeshed in a culture of malleable, profit driven morality that went off the rails. A rogue trader is an employee authorized to make trades on behalf of their employersubject to certain conditions) who makes unauthorized is most often applied to financial trading, ., when rogue professional traders make unapproved financial transactions This activity is often in the grey area between civil The credibility of National Australia Bank s board NAB rogue traders gone, board on shaky a360 million rogue foreign exchange trading scandal.

NAB had in place risk limits , supervision to prevent trading desks ever reaching positions of c at the time of the company 39 s bond trading scandal in 1991 5 THE CASE OF THE NATIONAL AUSTRALIA BANK The rogue traders The four traders involved in the currency options trading losses were Luke Duffy

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Rogue NAB traders face their judgement day scandal that sullied the name of the nation s largest bank Tuesday will be the last day of the last trial of the last. The National Australia BankNAB one of Australia s largest banks, announced suggesting that the rogue traders may have been operating in a functionalist.

26 Jan 2008 One is by the prudential regulator in this country, APRA, and the other, commissioned by NAB itself, is by PricewaterhouseCoopers Both are forensic works, and both identify firstly that the losses were caused by rogue trading, initiated in pursuit of profits, magnified repeatedly in an attempt to recoup losses,. Two rogue traders involved in a financial scandal at banking giant NAB are behind bars tonight after a judge found they had been enmeshed in a culture of malleable.
The 2011 UBS rogue trader scandal caused a loss of over 2 billion dollars at Swiss bank UBS, as a result of unauthorized trading performed by Kweku Adoboli, a.

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15 Mar 2004 SYDNEY, Australia- Junior staff blew the whistle on rogue trading of foreign- currency options at National Australia Bank Ltd leading to the exposure of A360 millionUS 263 8 million) in losses and serious systems failures at Australia 39 s largest financial institution A report published Friday by.

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