Silence to settle NAB ‘boys club’ suit
Allegations that NAB’s markets business had a ‘boys club’ culture or that a former trader was threatened with a baseball bat will not be tested in court after the bank settled a long-running case.
National Australia Bank
‘Unfair’: What Aussies savers should do
Frustrated Aussie savers have been urged to get one up on banks who have left them in the dark by doing one thing.
Productivity and lack of homes the key issues: NAB chief
Australia is exiting its tough economic times, but the nation still has big issues in property and productivity to deal with, NAB chief executive Andrew Irvine says.
ASX drops on NAB, MinRes earnings misses
The ASX’s weekly woes continued on Wednesday, as a big four bank and a major miner dragged the market heavily into the red.
NAB posts $18m-a-day profit
Anti-crime measures and wage costs have eaten into one of Australia’s major bank’s $18m-a-day profit.
Margin squeeze: banks hit as earnings drop
Among concerns for investors are heightened competition in mortgages and deposits crimping margins, and for NAB, the fact that arrears are still rising.
ASX 200 down as NAB, Santos, MinRes hit
SA govt puts Whyalla Steelworks into administration. NAB shares slumps as margin strain dents earnings. MinRes tanks on massive loss. Santos results disappoint. WA rich lister sells $8.5bn Rio stake. MinRes’ big loss triggers double-digit dive. Profitable Goodman taps investors for $4bn.
RBA delivers ‘hawkish’ rate cut; ASX down
Reserve Bank cuts rates 25 basis points, takes official cash rate to 4.1 per cent. First cut in more than four years. NAB, Westpac, CBA and ANZ lower home loan rates. Qatar-Virgin deal gets ACCC nod. Gold to outshine $US3000: UBS, Goldman.
ASX pares losses; Bendigo Bank, Westpac lead bank falls
Margin pressures dent Westpac, Bendigo Bank earnings. BlueScope, A2 Milk lift on results beat. Star investors buoyed by new financing offer from Oaktree. Audinate leaps as cost controls improve earnings.
ASX sets record close despite pullback; HMC confirms Healthscope talks
David Di Pilla-led HMC eyes Brookfield-owned hospitals operator. Cochlear falls on trimmed guidance. Dividend disappointment weighs on AMP. GFG Alliance puts NSW coal mine on the block in debt plan. Mirvac soars on return to profit.
New chair in the bank, BHP leadership focus shifts to CEO
After locking in former NAB boss Ross McEwan as its next chairman, the mining giant will turn its attention to finding a suitable successor for chief executive Mike Henry.
Banker Ross McEwan will shape BHP for decades to come
The former NAB chief executive has one major job ahead as he takes on Australia’s most powerful board role.
ASX treads water before US jobs data; CBA and Westpac hit highs
ASX ends flat as markets await key US jobs numbers. CBA and Westpac hit record highs and NAB an 18-year high. Domino’s jumps 21 per cent, as Collins Foods and Nick Scali also gain. Amazon falls after earnings disappoint.
NAB weighs return to Scottish roots
The $1bn-plus sale process for the non-bank lender Scottish Pacific is yet to start in earnest, but there’s one party that has already been at least kicking the tyres.
Major bank’s huge interest rate move
One of the big four banks has made a major call ahead of any Reserve Bank of Australia decision to cut the cash rate.
Bank bucks trend with bold move
As the major banks close more regional branches, one of the big four is taking a different approach for face-to-face dealings on Saturdays.
NAB hits out at telcos on scams
National Australia Bank says it prevented close to $50m of customer funds going to potential scammers in the final two months of last year.
ASX rises again after Trump inauguration
The ASX rises 0.3 per cent to a seven-week highs on positive US leads. Qantas shares soar on US peer gains. CBA, Goodman, NAB, Westpac, WiseTech top contributors. Paladin soars as operations improve. Iluka drops on estimates miss.
Pies to head north for three-club match sim, Mini faces old mob
Collingwood are set to face two teams on the same night in a throwback to the NAB Cup, while Andrew McQualter has a date with the Tigers. See all the pre-season match sim details here.
NAB has rails run in HSBC’s great Aussie bank sale
With everyone else too big or distracted, HSBC is NAB’s for the taking if the global giant decides to walk away from the local retail banking market.
ASX up 0.7pc in choppy trade after Trump inauguration
ASX backs away from six-week high on Trump’s tariff threat against Canada, Mexico but still ends strong. Financials lead as Macquarie upgrades ANZ, NAB. Liontown, HUB24 soar on updates. Wesfarmers winds down Catch. Billions coming in insurance sector buybacks: MS.
NAB worker’s shock $21m fraud scheme
A court has been told how a trio attempted to defraud a major Aussie bank out of millions of dollars through an elaborate scheme involving fake bank vouchers.
NAB worker’s shock $21m fraud scheme
A court has been told how a trio attempted to defraud a major Aussie bank out of millions of dollars through an elaborate scheme involving fake bank vouchers.
Rebound on cards after Trump’s inauguration
Markets could rebound after Donald Trump’s inauguration with the Aussie dollar a ‘prime target’ for buyers as a lot of bad news has already been priced in, according to NAB.
Big shoes to fill in search for NAB’s next chair
Will 2025 herald the change-over of a major bank chairman? It’s a real possibility, given all the action at the chief executive level in the sector last year.
Holiday towns receive spending bonanza over Christmas
Australians have spent big over the most recent holiday period with NAB reporting a 700 per cent uplift in spending in one South Australian town.
‘Red flags’: Top 5 scams targeting Aussies
From sextortion to cryptocurrency investment scams, here are the fresh ways scammers are trying to get money from Aussies.
Major bank’s huge interest rate call
NAB says the worst of the economic cycle could be behind us, predicting a number of rate cuts in 2025 to help households and business alike.
Economy’s in ‘reasonable’ shape but customers hurting: NAB
The boss of one of Australia’s largest banks says the Australian economy is OK and businesses are optimistic but he concedes many customers are being hammered by restrictive interest rates.
‘Profit over people’: NAB’s big regret
NAB bosses have acknowledged that its most vulnerable customers were left in the lurch as they faced angry shareholders over the bank’s failures.
Original URL: https://www.theaustralian.com.au/topics/national-australia-bank/page/2