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News.com.au (Free subscription) | 10/10/2008
NATIONAL Australia Bank says it will vigorously defend itself against a shareholder move to dump a senior board member over $4.5 billion of toxic assets.
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News.com.au (Free subscription) | 10/10/2008
THE National Australia Bank says it will vigorously defend itself against a shareholder move to dump a senior board member over claims of poor risk oversight related to $4.5 billion of toxic assets.
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Courrier Mail (Free subscription) | 10/09/2008
NATIONAL Australia Bank is considering whether to participate in the British Government's 50 billion ($124 billion) financial support scheme.
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Market Watch (Free subscription) | 10/08/2008
HONG KONG (MarketWatch) -- Asian markets tumbled early Wednesday, with financials such as Mitsubishi UFJ Financial Group and National Australia Bank sliding after steep losses on Wall Street overnight. Toyota Motor Corp. slumped on a newspaper report that the automobile giant was expected to post a 40% drop in operating profit, while resource stocks such as BHP Billiton shrank on concerns that global...
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The Australian (Free subscription) | 10/06/2008
AUSTRALIAN stocks fell yesterday, led by BHP Billiton and National Australia Bank, even after US lawmakers finally approved a $US700 billion bank bailout plan.
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The Australian (Free subscription) | 10/05/2008
NATIONAL Australia Bank will inject $100 million into its microfinance business, to help those on low incomes to finance small businesses.
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Oracle APAC Recruitment Blog (Free subscription) | 10/02/2008
Following up from our blog entry in August: Oracle Wins National Australia Bank Project Oracle is now at a stage where we are looking to grow our Consulting Team to work on this project. I think this is going to be an exciting project and team to work from all that I have heard to date. From a Permanent perspective our Financial Services Consulting Practice is growing and as a result we will be looking...
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News.com.au (Free subscription) | 10/02/2008
NATIONAL Australia Bank's UBank will operate via telephone and the internet and is the first brand under NAB's Star Direct arm.
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News.com.au (Free subscription) | 09/30/2008
NATIONAL Australia Bank spooked investors again last night, revealing that its 2008 profit would take a $100 million hit due to troubled debt investments on top of the $1 billion revealed in July.
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The Australian (Free subscription) | 09/30/2008
NATIONAL Australia Bank will take a $100 million hit on its cash earnings this year, as the fallout from its exposure to damaged US sub-prime assets intensifies.
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Reuters UK (Free subscription) | 09/30/2008
SYDNEY, Sept 30 (Reuters) - National Australia Bank Ltd said on Tuesday it had increased hedges against its exposure to toxic debt products, which would lower its cash earnings this year by about A$100 million ($80.5 million).
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News.com.au (Free subscription) | 09/25/2008
NATIONAL Australia Bank may seek to offload its $1 billion exposure in US property markets to the massive banking rescue being mounted by the US Government.
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Reuters UK (Free subscription) | 09/24/2008
SYDNEY, Sept 25 (Reuters) - National Australia Bank Ltd , the nation's top lender, may seek to offload its A$1 billion ($833 million) exposure in U.S. property markets under the U.S. government's planned $700 billion financial rescue package, The Australian newspaper said on Thursday.
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Market Watch (Free subscription) | 09/23/2008
Asian markets mostly declined Tuesday as financials such as National Australia Bank and exporters like Samsung Electronics dropped in the wake of a slump on Wall Street. A surge in crude-oil prices overnight also weighed down airline stocks like Singapore Airlines, although it lifted energy producers such as Woodside Petroleum.
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News.com.au (Free subscription) | 09/22/2008
NATIONAL Australia Bank will cut up to 100 technology contract jobs by the end of the month as it scales back its legacy system work.