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
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 … Business • 16 Feb 21
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 … Business • 29 Nov 19
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 … Business • 19 Jul 19
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
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 … Business • 04 Feb 19
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 … 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 … Business • 28 Sep 18
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 … Business • 19 Sep 18
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, … Business • 16 Apr 18
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
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 … Business • 08 May 17
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 … Business • 16 Feb 16
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 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 … Business • 02 Feb 16
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 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 … Business • 15 May 15
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 … Business • 09 Oct 14
UK banks' PPI mis-selling bill tops £22 billion National Australia Bank said today it was putting more money aside to deal with the mis-selling of loan insurance in Britain. Business • 18 Aug 14
National Australia Bank to cut 1,400 jobs in UK National Australia Bank said it plans to restructure its struggling British business, slashing over 1,400 jobs at the loss-making arm by 2015. Business • 30 Apr 12
