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As of on the Australian Stock Exchange Ltd ∙ Minimum 15 minute delay
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NAB Launches Capital Notes 4 Offer And Announces Resale Of NAB Capital Notes
National Australia Bank Posts Qtrly Unaudited Statutory Earnings $1.70 Bln
Maurice Blackburn Files Class Action Against 2 NAB Entities
National Australia Bank Limited (NAB) is a financial services company. The principal activities of the Company include banking services, international banking, investment banking, wealth management services, trustee and nominee service. Its segments include Business and Private Banking, Consumer Banking and Wealth, Corporate and Institutional Banking and New Zealand Banking. The Business and Private Banking segment focuses on serving the needs of three of the Company’s priority customer segments: small businesses, medium businesses and investors. Consumer Banking and Wealth provides customers with products and services through its networks in NAB and UBank. Corporate and Institutional Banking provides a range of lending and transactional products and services related to financial and debt capital markets and alternative investments. New Zealand Banking comprises the consumer banking, wealth, business, agribusiness and markets sales operations in New Zealand.
National@Docklands, 800 Bourke Street
Philip Wayne Chronican
Chairman of the Board
Ross Maxwell McEwan
Group Chief Executive Officer and Managing Director, Director
Deputy Group Chief Financial Officer
Group Chief Financial Officer
Managing Director and Chief Executive Officer of Bank of New Zealand
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National Australia Bank Ltd said on Monday it would raise about A$750 million ($503.9 million) through the issue of its capital notes.
National Australia Bank Ltd <NAB.AX> is considering a fresh share sale and will revamp its strategy, as its new CEO seeks to put the country's third-largest lender back on the growth track following a series of scandals that roiled the banking sector.
National Australia Bank Ltd on Thursday said cash profit in the first-quarter was unchanged, as the bank grapples with record-low interest rates.
Economists at National Australia Bank <NAB.AX> on Thursday pushed back their forecast for further monetary easing by the country's central bank to April from their previous call for a February rate cut.
Australian law firm Maurice Blackburn said on Wednesday it has filed a class action lawsuit on behalf of more than 330,000 account holders against two entities of National Australia Bank <NAB.AX> for alleged breaches in pension laws.
* NAB says has reported shortcomings to money laundering regulator
National Australia Bank Ltd said on Wednesday it had refunded A$276 million ($187.29 million) to customers for past wrongs since June last year, as pressure on the country's top lenders remain unabated following a powerful public probe into their misdeeds.
Australia's securities regulator on Tuesday filed a lawsuit against National Australia Bank Ltd accusing it of charging financial advice customers "fees for no service", even as a government-ordered inquiry lambasted the industry for the practice.
Australia's markets watchdog on Tuesday said it commenced court action against National Australia Bank for charging fees for no service and for failures in disclosing fees appropriately.
National Australia Bank <NAB.AX> said on Friday it plans to set up a unit in Paris that would offer wholesale banking and investment services to much of Europe.
National Australia Bank said on Friday it is planning to set up a credit unit in France to cater to Europe.
National Australia Bank Ltd on Wednesday said it reached a A$49.5-million ($33.74-million) settlement for a class action lawsuit over the sale of worthless insurance policies to customers for their credit cards.
New Zealand's central bank said on Tuesday it was stepping up monitoring of National Australia Bank Ltd (NAB) <NAB.AX> subsidiary Bank of New Zealand (BNZ) [BNZL.UL] after identifying errors in the lender's risk capital calculation process.
* Westpac, CBA also announced raising in recent weeks (Updates throughout with background on regulatory requirements, capital raising by peers)
National Australia Bank said on Monday it was looking to raise A$1.4 billion ($959.70 million) through the issue of medium-term notes to help beef up its capital ahead of a regulatory deadline.
* NAB announces dividend reinvestment plan to shore up capital
Australia's four major banks reported a second consecutive year of lower returns, dragged down by hefty customer compensation bills following mis-selling scandals, greater competition and a low credit growth environment.
National Australia Bank Ltd reported a 10.6% drop in annual cash earnings on Thursday, missing estimates, as remediation charges plague the country's third-largest lender and chip away at its capital levels.
Australian wealth manager GSFM on Friday said it had bought a 49% stake in boutique fund manager Redpoint Investment Management from National Australia Bank-owned <NAB.AX> MLC Asset Management, for an undisclosed amount.
A closely watched measure of Australian business confidence edged lower in September while business conditions remained sub-par, indicating aggressive rate cuts have been unable to lift the mood in the corporate sector, a survey showed on Tuesday.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.