NAB eyes ABN Amro Australia
July 11, 2008
CHRIS ZAPPONE National Australia Bank is in discussions to buy ABN Amro in Australia and New Zealand.
National Australia Bank shares fall 10%
National Australia Bank shares have dropped 10 per cent after the bank announced an extra $830m loss on its exposure to US mortgage-backed debt securities.
National Australia Bank talking to Royal Bank of Scotland about buying local arm of ABN Amro
National Australia Bank Ltd., one of the country's biggest lenders, said Friday it is in consultations with the Royal Bank of Scotland about buying the local arm of investment bank ABN Amro.
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NAB shares slump on writedowns
National Australia Bank announces $830 million in additional provisions, sending its shares down as much as 13%.
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NAB breaks rank to lifts rates again
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National Australia Bank names new chief executive
National Australia Bank Ltd., one of the country's biggest lenders, said Thursday that the head of its New Zealand operations, Cameron Clyne, will take over as chief executive, replacing John Stewart at the start of next year.
National Australia Bank reports 25.8 percent rise in 1st half net profit
National Australia Bank Ltd. said Friday its first half net profit rose 25.8 percent over the same period last year, boosted by strong lending and deposit growth and a one-time gain from Visa Inc.'s initial public offering.
NAB appoints Cameron Clyne as new CEO
National Australia Bank Ltd has appointed the head of its New Zealand operations, Cameron Clyne, as its new chief executive.
Australia's Commonwealth Bank eyeing...
Reuters - Commonwealth Bank of Australia (CBA)
, the country's No. 2 bank by assets, may offer over
A$6 billion ($5.2 billion) to British bank HBOS for
its Australian unit...
National Australia Bank reports 25.8%...
National Australia Bank Ltd. said Friday its first half net profit rose 25.8 percent over the same period last year.
Australia's Westpac offers $14B for...
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Westpac beats gloom
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Michael Ullmer joins Fosters board
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NAB role unclear as Stewart joins Telstra
THE chief executive of National Australia Bank, John Stewart, has again fuelled speculation that he may leave within 18 months to serve on company boards, after he was appointed a Telstra director yesterday.
NAB slumps on debt shock
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Westpac signals earnings boost
Australia's fourth-largest lender says it is on track to deliver cash earnings growth of 6-8% in 2008.
NAB ups standard variable rate to 9.46%
National Australia Bank has lifted its variable mortgage interest rates by 10 basis points.
Westpac may have to boost $17.6...
Reuters - Westpac Banking Corp Ltd , which
has bid $17.6 billion for St George Bank in the
biggest banking takeover ever in Australia, is bracing for
rival offers to emerge...
NAB walks away from ABN Amro takeover
National Australia Bank Ltd (NAB) has ditched its plans to buy the local arm of Dutch investment bank ABN Amro, without giving any reasons.
BankWest turns its nose up at sniff...
THE British parent of the expanding BankWest chain and its sister financial services operations is likely to resist attempts by rivals to buy the business after reports emerged...
NAB stock slumps as it takes A$830m...
National Australia Bank stunned investors yesterday by taking an extra A$830m (£399m) provision against investments backed by US residential mortgages.