Post-Scandal, NAB to Keep Revised System
SPECIAL REPORT
MELBOURNE--National Australia Bank (NAB) officials have no plans to replace their currency options trading platform in light of the recent $280 million (A$360 million) foreign exchange (FX) rogue trading scandal that has enveloped the bank over the last two months.
However, a NAB spokesperson acknowledges that the bank has already made changes to the system to "address the [platform's] shortcomings," and says further alterations are on the way.
Traders Suspended
NAB officials announced in mid
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