News: National Australia Bank Ltd (NAB.AX)

NAB.AX on Australia Stock Exchange

33.85AUD
22 Oct 2014
Price Change (% chg)

$0.33 (+0.98%)
Prev Close
$33.52
Open
$33.87
Day's High
$33.89
Day's Low
$33.56
Volume
4,128,449
Avg. Vol
4,811,064
52-wk High
$37.07
52-wk Low
$31.50

Search Stocks
Select another date:

Wed, Oct 15 2014

Shares of Great Western Bancorp fall in debut

- Shares of U.S. regional lender Great Western Bancorp Inc fell about 3 percent in their market debut on Wednesday, valuing the unit of National Australia Bank Ltd at about $1 billion.

Shares of Great Western Bancorp fall in debut

Oct 15 - Shares of U.S. regional lender Great Western Bancorp Inc fell about 3 percent in their market debut on Wednesday, valuing the unit of National Australia Bank Ltd at about $1 billion.

Fitch: NAB's Higher Conduct Charges Manageable; No Rating Action

(The following statement was released by the rating agency) SYDNEY, October 09 (Fitch) Fitch Ratings says no rating action is warranted after National Australia Bank Limited (NAB; AA- / Stable) announced increased UK conduct charges and impairments on 9 October 2014. However, the increased charges highlight ongoing challenges faced by NAB and its new CEO - particularly around its UK operations - to which domestic peers are not exposed. The earnings and capital impact of the AUD1.3bn after-ta

UPDATE 1-National Australia Bank says UK charges to hit FY earnings

* Sees FY cash earnings at A$5.1-A$5.2 bln vs A$5.9 bln yr ago

National Australia Bank sees fiscal yr earnings at A$5.1-A$5.2 bln

SYDNEY, Oct 9 - National Australia Bank Ltd said on Thursday it would post lower-than-expected cash earnings of A$5.1 billion-A$5.2 billion ($4.5 billion-$4.6 billion) for the recently ended financial year due to higher charges from its troubled UK business.

Australia's National Australia Bank acquires 75percent stake in Orchard Street

SYDNEY - National Australia Bank's wealth management division has acquired a stake of nearly 75 percent in London-based fund Orchard Street Investment Management in a deal worth 4 billion pounds ($6.42 billion), the Australian Financial Review reported on Tuesday.

Australia's National Australia Bank acquires 75pct stake in Orchard Street

SYDNEY, Oct 7 - National Australia Bank's wealth management division has acquired a stake of nearly 75 percent in London-based fund Orchard Street Investment Management in a deal worth 4 billion pounds ($6.42 billion), the Australian Financial Review reported on Tuesday.

Exclusive: National Australia Bank considering sale of life insurance unit - sources

SYDNEY/HONG KONG - National Australia Bank (NAB) is considering the sale of its life insurance unit worth an estimated $800 million, seeking to boost earnings and returns on capital, people familiar with the matter told Reuters.

UPDATE 2-National Australia Bank weighing sale of life insurance unit -sources

* NAB keen on long-term marketing deal with buyer -source (Adds analyst comment, background on NAB performance)

National Australia Bank weighing sale of insurance unit - sources

SYDNEY/HONG KONG, Sept 24 - National Australia Bank, the country's fourth-biggest lender by market value, is weighing the sale of its insurance unit, which has been a drag on its earnings and capital, people familiar with the matter told Reuters.

Select another date:

Press Releases

Search Stocks