Dellaportas, Steven; Cooper, Barry J.; Braica, Peter - In: Corporate Governance: An International Review 15 (2007) 6, pp. 1442-1452
The National Australia Bank (NAB), one of Australia's largest banks, announced losses in 2004 of AUD$360 million due to unauthorised foreign currency trading activities by four employees who incurred and deceptively concealed the losses. The NAB had in place risk limits and supervision to...
