It is a grinding time for the big banks – but they’re still finding presents for shareholders.
At National Australia Bank, despite reporting flat profit, that present was another $1.5 billion on-market buyback.
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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
