National Australia Bank Ltd (NAB.AX)

NAB.AX on Australia Stock Exchange

24 Jun 2019
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Mon, Jun 17 2019

Australia's NAB hires UBS' Lachlan Shaw as commodity strategist

MELBOURNE, June 17 National Australia Bank (NAB) has hired Lachlan Shaw as a director and commodity strategist at its Melbourne office, an NAB spokesman confirmed on Monday.

Australia's NAB cuts fixed-loan rates ahead of expected c.bank move

SYDNEY, May 30 National Australia Bank, the country's fourth-largest lender, on Thursday raced to offer discounts on some of its fixed-rate mortgages in anticipation of a rate cut by the central bank next week.

UPDATE 1-UK's Clydesdale, National Australia Bank sued over business loans

LONDON, May 2 About 150 companies have launched a London lawsuit against Britain's Clydesdale Bank and its former owner, National Australia Bank, alleging they were deceived when they took business loans from the bank up to 18 years ago.

UK's Clydesdale, National Australia Bank sued over business loans

LONDON, May 2 Almost 150 claimants have filed a lawsuit against Britain's Clydesdale Bank and former owner National Australia Bank in London, alleging thousands of business loans were mis-sold in a potential multimillion pound claim.

UPDATE 2-Australia's NAB cuts dividend for first time in decade as economy slows

* Results misses analysts expectations, shares fall (Adds higher credit charges impact, UBS comment, shares)

Australia's NAB cuts dividend, posts 7 pct rise in first-half profit

May 2 National Australia Bank Ltd posted a 7 percent rise in first-half cash profit on Thursday, but cut its dividend as the country's fourth-largest lender grapples with rising costs of compensating customers.

Australia's NAB flags A$325 mln cash reduction for H1 2019

April 18 National Australia Bank Ltd on Thursday flagged an estimated A$325 million ($233.19 million) hit to cash earnings for the first half of this year as a result of increased provisions for customer refunds.

Australia's ANZ, NAB blame tighter credit checks for slowing home loans

SYDNEY, March 27 Two of Australia's biggest banks said on Wednesday a crackdown on consumer credit checks was affecting their ability to write new home loans even though approval rates were unchanged, a sign the tougher regulatory environment is squeezing the economy.

Australia's NAB ends 'introducer' referral payments after public criticism

SYDNEY Australia's National Australia Bank said on Monday it would end a profitable system of bonuses for referrals that was criticized by an independent inquiry.

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