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As of on the Australian Stock Exchange Ltd ∙ Minimum 15 minute delay
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NAB Announces Increase Of NAB Capital Notes 5 Offer To $2 Bln, And Sets Margin At 3.50%
NAB Says Sweeping Branches & Commercial Offices To Ensure They Are Safe To Return
NAB Announces Temporary Branch Closures
National Australia Bank Limited (NAB) is a financial services company. The principal activities of the Company include banking services, international banking, investment banking, wealth management services, trustee and nominee service. Its segments include Business and Private Banking, Consumer Banking and Wealth, Corporate and Institutional Banking and New Zealand Banking. The Business and Private Banking segment focuses on serving the needs of three of the Company’s priority customer segments: small businesses, medium businesses and investors. Consumer Banking and Wealth provides customers with products and services through its networks in NAB and UBank. Corporate and Institutional Banking provides a range of lending and transactional products and services related to financial and debt capital markets and alternative investments. New Zealand Banking comprises the consumer banking, wealth, business, agribusiness and markets sales operations in New Zealand.
Level 1 800 Bourke Street, Docklands
Philip Wayne Chronican
Chairman of the Board
Ross Maxwell McEwan
Group Chief Executive Officer and Managing Director, Director
Deputy Group Chief Financial Officer
Group Chief Financial Officer
Managing Director and Chief Executive Officer of Bank of New Zealand
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National Australia Bank's second-half cash earnings will take a A$264 million ($188.13 million) hit from provisions for customer and payroll remediation and an impairment of assets, the country's third-largest lender said on Friday.
A measure of Australian business conditions rose in September to levels not seen since the coronavirus pandemic forced a nationwide lockdown, though overall levels were still the below long-run average, survey results showed on Monday.
Australia's federal court has fined pension funds run by National Australia Bank A$57.5 million ($41.9 million) for charging fees with no service to thousands of retirees, the country's corporate watchdog said on Monday.
Australia's IOOF Holdings Ltd said it will buy National Australia Bank Ltd's financial advisory arm for A$1.4 billion ($1.1 billion), making it the country's biggest retail wealth management firm.
Wealth manager IOOF Holdings Ltd said on Monday it would acquire National Australia Bank Ltd's wealth management business for A$1.44 billion ($1.06 billion).
* Credit impairments surge, Q3 earnings fall 6% to A$1.55 bln
National Australia Bank Ltd reported a 6.1% drop in quarterly cash profit as it increased provisions to cover coronavirus-led loan losses, and said about 16% of home loan deferral customers the bank had contacted had started repayment.
National Australia Bank Ltd on Friday reported a 6.1% drop in third-quarter cash profit as it set aside more money to cover potential loan defaults brought on by the coronavirus crisis.
National Australia Bank, the country's third largest lender, on Monday named Canada-based banking executive Andrew Irvine to head its business & private banking division as the industry grapples with slowing revenues in a coronavirus-hit economy.
Australian wealth manager GSFM on Friday said it had bought a 49% stake in boutique fund manager Redpoint Investment Management from National Australia Bank-owned MLC Asset Management, for an undisclosed amount.
* Board to review dividend policy - analysts expect cut to 90c
National Australia Bank Ltd on Thursday flagged an estimated A$325 million ($233.19 million) hit to cash earnings for the first half of this year as a result of increased provisions for customer refunds.
* All eyes on Q4 inflation data Jan.30, RBA policy meet in Feb
National Australia Bank Ltd's chairman said that more than 80 percent of shareholders will vote against its executive pay proposal on Wednesday, as the lender faces a backlash after a year of damaging misconduct revelations that have rocked the sector.
National Australia Bank's chairman acknowledged that more than 80 percent of shareholders will vote against its executive pay proposal on Wednesday at its annual general meeting.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.