National Irish Bank parent National Australia Bank (NAB) has released a report by the Australian banking regulator into irregular currency options trading at the bank.

National Australia Bank, parent company of National Irish Bank, and Australia's biggest bank has said that the final loss arising from the foreign currency options trading fraud remains at A$360m (€213m), and that it has put into action a plan to ensure a non-reoccurrence of the scandal.

The chairman of Australia’s biggest bank resigned today after a multi-million dollar foreign currency trading scandal rocked the institution.