National Australia Bank

National Australia Bank profit misses estimates as software costs weigh on bank

National Australia Bank is also proposing to create 237 new offshore roles, primarily in India and Vietnam.

National Australia Bank to cut 170 jobs amid offshore expansion

NAB brings the curtain down on “Big Four” banks’ February earnings season and keeps the upbeat tone set by CBA last week.

National Australia Bank’s shares hit record high on robust first-quarter cash profit

The RBA has cut interest rates three times this year to 3.6 per cent but inflation is rearing its head again in an accelerating economy.

Economists at CBA, NAB call for Australia February rate hike

NAB employs more than 38,000 people globally, according to its 2024 annual report.

NAB to cut 410 support roles, shift some bank work to India

NAB posted cash earnings of A$1.77 billion (S$1.5 billion) for the quarter ended June 30, compared with A$1.75 billion a year ago.

National Australia Bank third-quarter cash earnings rise marginally

The penalty, which is the highest ever for alleged breaches of Consumer Data Right rules, was issued after the Australian Competition and Consumer Commission issued NAB four infringement notices.

NAB pays A$751,200 penalty on breaches of consumer data rights rules

National Australia Bank posted cash earnings of A$3.58 billion (S$3 billion) for the six months ended March 31, compared with A$3.55 billion a year ago and the Visible Alpha consensus estimate of A$3.48 billion.

National Australia Bank’s first-half cash earnings up 1% on lending volume growth

NAB shares fell as much as 8 per cent in early trading before settling down 7 per cent by mid-session on Wednesday, their biggest intraday decline in five years.

Borrowing strain hits NAB’s Q1 profit, shares dive

The Australian Securities and Investments Commission claims that NAB and its unit AFSH Nominees failed to meet the legal 21-day deadline for responding to 345 hardship applications over a five-year period from 2018 to 2023.

Australia regulator sues NAB for breach of financial hardship laws