National Australia Bank News

NATIONAL Australia Bank has appointed a new manager for its business division in South Australia and clubbed its state retail banking responsibilities with Western Australia.

National Australia Bank, NAB, has reported strong half-year results, despite the continued drag of its UK operations.

While Europeans keep saying the introduction of the Euro was a good decision, it remains a mystery how the eurozone countries didn't notice the single currency deprived them of any say in key economic decisions,a National Australia Bank expert told RT.

Relying on third parties for services means the supply chain is a "real threat", says the bank's head of IT security National Australia Bank's technology transformation is causing an extra security challenge because of the reliance on third-party suppliers, according to the bank's head of IT security services operations, Andrew Dell.

National Australia Bank's April survey shows employers are particularly worried about weaker than forecast growth in the US, China and Europe.

The nation's top patent court issued a deeply divided opinion May 10 on how to determine if software is eligible for legal protection, reflecting the broader debate that has split the computer industry.

Hundreds of enterprise IT experts from around the world will come together in San Francisco on June 17 and 18 when the Open Data Center Alliance will host Forecast 2013, ODCA's premier cloud computing and big data event.

PETER LLOYD: The latest figures show Australian businesses are finding the going tough.

Australia's economy is increasingly responding to more than a year of central bank rate cuts aimed at preparing the country for the end of a mining boom that's helped fuel 21 years of uninterrupted growth.

"It's a bit of a weak start, which was expected as commodity prices were a little bit mixed over the weekend and Westpac and Macquarie going ex-dividend was always going to hurt us,'' he said.

MEMBERS of the Hanwood Sports Club will face their moment of truth tomorrow night when Griffith councillors decide whether to approve a life-saving interest-free loan.

Ares Management agreed to buy AREA Property Partners . Ares is also buying a minority stake in AREA held by National Australia Bank .

Australia and New Zealand Banking Group Ltd. cut its benchmark mortgage rate by 27 basis points, the first time one of the nation's four major lenders passed on more than the central bank's reduction since October 2008.

ANZ bank has stepped up home loan competition among the major banks, becoming the first in 16 years to cut interest rates by more than the central bank's move.

National Australia Bank chief executive Cameron Clyne concedes it will be difficult to hold back part of any future interest rate cuts from borrowers, because the war for deposits that was pushing up costs has eased.

CLYDESDALE and Yorkshire Banks have returned to profitability in their first trading half after last year's losses prompted a sharp overhaul of the UK operations of National Australia Bank.

Clydesdale and Yorkshire banks have returned to profit for the half year as an overhaul by parent group National Australia Bank boosted their balance sheets.

Japanese and Australian stock futures gained, with the Asia-Pacific benchmark equities gauge poised to extend a five-year high, as rising metals prices boosted raw-material producers and profits at National Australia Bank Ltd.

BANK of New Zealand, the local unit of National Australia Bank, lifted first-half cash earnings 0.5 per cent as revenue gains from housing and business lending were offset by a bigger charge on bad debts.

The West Australian © Pedestrians cross an intersection in front of the National Australia Bank Ltd.