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National Australia Bank is Australia's third-largest mortgage lender

Borrowing strain hits Q1 profit at Australia's NAB

National Australia Bank, the country's biggest business lender, said today that first-quarter profit slipped as competition for customers ate into margins and more borrowers fell behind on repayments, sending its shares tumbling.

Business • 19 Feb

National Australia Bank is the third biggest lender Down Under

National Australia Bank in union deal on remote working

National Australia Bank, Australia's third biggest lender, has reached a deal that lets employees work from home, a union said today.

Business • 14 Jul 23

National Australia Bank is Australia's second biggest lender

Australia's NAB points to improving economy

National Australia Bank today posted a pickup in quarterly profit from the previous two quarters as it wound back pandemic-driven bad loan provision charges, and pointed to encouraging signs on the economy.

Business • 16 Feb 21

National Australia Bank to set up a unit in Paris that would offer wholesale banking and investment services to much of Europe

NAB plans to set up unit in Paris ahead of Brexit

National Australia Bank said today it plans to set up a unit in Paris that would offer wholesale banking and investment services to much of Europe.

Business • 29 Nov 19

RBS chief Ross McEwan is heading down under to take up NAB job

Australia's NAB turns to RBS chief McEwan as new CEO

National Australia Bank has hired the man credited with turning around Royal Bank of Scotland as its new chief executive, as it moves on from the abrupt departure of its leaders this year in the fallout of a misconduct inquiry.

Business • 19 Jul 19

The NAB CEO and Chairman are the first heads of one of Australia's 'Big Four' banks to lose their jobs in the fallout from the Royal Commission inquiry

NAB's CEO & chairman to resign after inquiry criticism

National Australia Bank today said its chief executive and chairman would resign after blistering criticism from the head of a major inquiry into financial-sector misconduct.

Business • 07 Feb 19

National Australia Bank is one of Australia's Big Four banks

Australia vows to clean up financial sector

Australia's corporate regulators will be subjected to a new oversight body in a shake-up of the banking sector recommended by a high-powered independent inquiry into financial sector greed and malpractice.

Business • 04 Feb 19

'Very few' of the job terminations at National Australia Bank were at executive level

Australia's NAB cuts 300 staff over wrongdoing

About 300 staff of National Australia Bank have been fired or left the company as a result of internal investigations into wrongdoing, its chief executive Andrew Thorburn has said.

Business • 19 Oct 18

Australia's banks put profit over people - report

Australia's big banks and wealth managers pursued profit ahead of their customers' interests and viewed regulatory compliance as a cost rather than a guide to proper conduct, a scathing interim report from a commission of inquiry said today.

Business • 28 Sep 18

National Australia Bank has flagged changes to its performance-based incentives as well as cutting the pay of its executive team

National Australia Bank cuts executives' pay

National Australia Bank today said it had slashed remuneration for its executive team after a public inquiry uncovered evidence of misconduct at the bank and across the financial sector.

Business • 19 Sep 18

Nationall Australia Bank is one of the banks before the Royal Commission

Australians getting short-changed for financial advice

Australia's four biggest retail banks and wealth manager AMP have paid millions of dollars in compensation to customers for poor advice over the past decade, a major inquiry into the financial sector has heard.

Business • 16 Apr 18

NAB has fired 20 bankers and reprimanded others for submitting mortgage applications that had inaccurate information

National Australia Bank sacks bankers over loan errors

National Australia Bank said it had fired 20 bankers and reprimanded dozens more for submitting home-loan applications that had inaccurate or incomplete customer information.

Business • 16 Nov 17

National Australia Bank is one of the big four Aussie banks which will be included in the inquiry

Australia to hold new inquiry into 'Big Four' banks

Australia will hold an inquiry into competition in the country's financial system, following a series of scandals in the banking sector and public allegations against the "Big Four" banks of abuse of market power.

Business • 08 May 17

National Australia Bank has posted a 2% rise in first quarter revenues

National Australia Bank's Q1 cash profit up 8%

National Australia Bank, the country's biggest lender by assets, has reported an 8% rise in first-quarter unaudited cash profit on better lending volumes and stronger results from its wealth division.

Business • 16 Feb 16

Clydesdale shares were priced at 180 pence on Monday in a spin off by National Australia Bank

Clydesdale Bank rises over 2% in London debut

Shares in Clydesdale Bank rose as much as 2.4% today in their London debut, valuing the nearly 180-year-old British lender at about £1.62 billion.

Business • 03 Feb 16

Clydesdale Bank is headed by former AIB boss David Duffy

Clydesdale Bank delays IPO after ratings question

National Australia Bank has delayed the float of Clydesdale Bank by 24 hours to update its listing prospectus after a request for more information from a rating agency.

Business • 02 Feb 16

NAB said it planned to quit Clydesbank Bank in 2014 after a backlash over methods used to sell loan insurance

NAB values Clydesdale at up to $3 billion

National Australia Bank Ltd has valued its UK unit, Clydesdale Bank, at up to A$4.3billion ($3 billion), according to IPO pricing terms.

Business • 18 Jan 16

Clydesdale Bank is the UK retail and commercial banking business of National Australia Bank

Clydesdale Bank half yearly profits jump 53%

Clydesdale Bank has today reported a 53% jump in first-half pre-tax profit as the Glasgow-based lender benefited from a one-off gain from capital restructuring last year.

Business • 15 May 15

National Australia Bank is Australia's fourth-largest bank by market value

NAB says UK charges to hit earnings

National Australia Bank has warned its full-year cash earnings will fall as much as 14% due to almost A$1 billion in higher charges from its troubled UK business.

Business • 09 Oct 14