NAB OPTIONS SCANDAL - NAB crisis deepens with latest departure

Cunningham has not been linked to the options trading scandal that lost NAB A$360 million (US$280 million), but his is only the latest departure following the discovery of the forex losses on January 13, which has emptied desks in Melbourne and London.

Cunningham joins his co-head of global FX, Gary Dillon; head of markets, Ron Erdos; head of corporate and institutional banking Ian Scholes; manager of risk management Chris Lewis; chief executive Frank Cicutto and chairman Charles Allen, who