National Australia Bank’s quarterly profit falls on higher costs
NATIONAL Australia Bank on Wednesday reported a 3 per cent drop in its first-quarter cash profit compared to the quarterly average of...
Australia fines lender NAB A$2.1 million for wrongfully charging fees
THE Australian Federal Court has fined the country’s second-biggest lender National Australia Bank (NAB) a penalty of A$2.1 million (S$1.91 million) for...
National Australia Bank will shut its Hong Kong office
NATIONAL Australia Bank (NAB) is planning to close its Hong Kong office and consolidate operations into mainland China, Singapore and Japan.
National Australia Bank set to cut 10% of market-unit jobs: AFR
NATIONAL Australia Bank plans to cut about 10 per cent of jobs at its markets division as early as this week, the...
National Australia Bank’s third-quarter cash profit rises, announces A$1.5 billion buyback
NATIONAL Australia Bank (NAB) on Tuesday (Aug 15) reported an increase in its third-quarter cash profit, helped by rising interest rates, and...
Australia’s top banks look to diversify from mortgages as rates peak
AUSTRALIA’S top banks may be forced to look beyond their traditional residential mortgages business for growth as the windfall from high interest...
National Australia Bank slides after profit misses estimates
NATIONAL Australia Bank’s (NAB) first-half profit fell short of analyst estimates as a boost to margins from higher interest rates was offset...
National Australia Bank mints stablecoin in blockchain push
NATIONAL Australia Bank has created its own stablecoin pegged to the Australian dollar, a move that it says will help large institutional...
Australia's Big Four banks pass central bank rate hike to home-loan customers
AUSTRALIA’S Big Four banks said on Tuesday (Dec 6) that they will raise their home loan rates by a quarter-point, passing on...
National Australia Bank agrees to rectify money laundering concerns by 2024
NATIONAL Australia Bank (NAB) said on Monday (May 2) that it had entered into an agreement with Australia’s financial crime regulator to...