National Australia Bank

Australia business conditions show promising improvement in August-survey

A measure of Australian business conditions showed a welcome improvement in August as sales and profits weather coronavirus lockdowns in…

4 years ago

Australia’s NAB posts 10.3% rise in cash profit, upbeat on outlook

National Australia Bank Ltd (NAB.AX), the country's No. 3 lender, said on Thursday its third-quarter cash profit rose 10.3% as it…

4 years ago

Australia’s NAB to buy Citi’s local consumer business in $882 mln deal

National Australia Bank (NAB.AX) will buy Citigroup's (C.N) local consumer unit for about $882.24 million, the companies said Monday, as the American bank exits…

4 years ago

Dollar in retreat as Powell says Fed won’t raise rates on ‘fear’ of inflation

The U.S. dollar remained on the back foot against major peers on Wednesday after a two-day drop as U.S. Federal…

4 years ago

Australia’s NAB reveals anti-money laundering probe, shares fall

National Australia Bank (NAB.AX) said on Monday it is under investigation for suspected serious and ongoing breaches of anti-money laundering…

4 years ago