Results 1 - 20 of 2,607 in National Australia Bank
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... mortgages. However, the four major Australian banks - Westpac, the Commonwealth Bank, ANZ and the National Australia Bank - have said they will only pass on interest rate cuts of 0.8%, effective from mid-October. The economic meltdown in the US, ...
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Coop in talks with Britannia building society
... - an appointment likely to be seen as the precursor to a search for a potential merger partner. National Australia Bank, which owns a number of banking assets in Britain, is understood to have been examining opportunities to acquire businesses hurt ...
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No bonus freeze for bank bosses
... moved last week to cap the pay and bonuses of British banking executives, but Westpac, ANZ, National Australia Bank and Commonwealth Bank have so far refused to make similar commitments. The four bank chiefs last year earned a total of more than $20 ...
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Taiwan anxious over Monday stock opening
... Australiaa s S&P/ASX 200 Index tumbled 8.3 percent, the most since the October 1987 crash, led by National Australia Bank Ltd. Trading was suspended for 30 minutes on Thailanda s SET Index, triggered by a 10 percent slump. Here in Taiwan, interest ...
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Latest News : Asian stocks plunge on credit concern; Nikkei average tumbles
... yields near a three-week low. Mitsubishi UFJ, Japana s biggest bank, slumped 5.9 percent to 763 yen. National Australia Bank Ltd., the nationa s largest bank, sank 6.4 percent to A$24.35. The IMF raised its estimate of losses tied to U.S. loans and ...
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Australian Stocks: Market plunges over eight per cent
... or 13.35 per cent, to $21.75 while rival Woolworths had fallen $3.00, or 10.71 per cent, to $25.00. National Australia Bank plummeted $2.93, or 12.35 per cent, to $20.80 after saying it would vigorously defend a shareholder bid to dump a board ...
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... played a huge part in today's carnage. Low investor confidence was feeding on itself, he said. National Australia Bank plummeted $2.93, or 12.35 per cent, to $20.80 after saying it would vigorously defend a shareholder bid to dump a board member for ...
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NAB says it will fight move to axe senior board member
NATIONAL Australia Bank will fight claims by a shareholder group that a senior board member should be dumped over the poor risk management of $4.5 billion of toxic asset-backed securities.
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Market's worst day since 1987 crash
... 4000 points in 31 2 years. The country's biggest company, BHP Billiton, lost 7%. Among the banks, National Australia Bank fared worst, with a 12.4% fall. ANZ fell 8.1%, Commonwealth Bank lost 6.7% and Westpac was down 6.1%. Research released by the ...
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... a brutal economic recession. "The equity markets now are in panic, it's as simple as that," says National Australia Bank chief executive John Stewart. "This is a very serious situation. I have seen nothing like it." The world's top finance ministers ...
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... cutting back its purchases, while major corporations such as Wesfarmers, Leighton Holdings, Santos, National Australia Bank and Macquarie Group lost more than 15 per cent. The Australian dollar fell to a five-year low of US65.95c as overseas ...
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Asian Stocks Plunge, Nikkei Posts Record Weekly Decline as Crisis Deepens
... Australia's S&P/ASX 200 Index tumbled 8.3 percent, the most since the October 1987 crash, led by National Australia Bank Ltd. Trading was suspended for 30 minutes on Thailand's SET Index, triggered by a 10 percent slump. Taiwan is closed for a ...
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Asian Stocks, U.S. Futures Plunge as Credit Crisis Deepens; Yen Advances
... Australia's S&P/ASX 200 Index tumbled 8.3 percent, the most since the October 1987 crash, led by National Australia Bank Ltd. Trading was suspended for 30 minutes on Thailand's SET Index, triggered by a 10 percent slump. Taiwan is closed for a ...
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Sacking push: NAB shareholder revolt over toxic debt
THE National Australia Bank says it will vigorously defend itself against a shareholder move to dump a senior board member over claims of poor risk oversight related to $4.5 billion of toxic assets.
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... Banks accounted for much of the main index's fall, given their relatively steep falls and size. National Australia Bank fell $2.93, or 12%, to $20.80. The Commonwealth Bank shed $2.85, or 6.7%, to $39.55, while ANZ lost $1.35, or 8.1%, to $15.30. ...
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Dramatic drop...the market has not fallen so hard since 1987.
... 12 per cent to $12.34. Woodside Petroleum lost more than 11 per cent to $37.20. As for the banks - National Australia Bank fared the worst of the big four, losing 12.4 per cent to $20.80. ANZ was down more than 8 per cent, and Westpac and ...
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Bad debts: NAB to defend risk assessment
NATIONAL Australia Bank will vigorously defend itself against a shareholder move to dump a senior board member over claims of poor risk oversight related to $4.5 billion of toxic assets.
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Shares plunge 8pc as $84bn lost
... mining company Rio Tinto shed $5.01, or 6.42 per cent, to $73.00 in today's sharemarket plunge. National Australia Bank plummeted $2.93, or 12.35 per cent, to $20.80 after saying it would vigorously defend a shareholder bid to dump a board member ...
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Asian Stocks Plunge, Set for Worst Week Since 1987; BHP, Commonwealth Fall
... Australia's S&P/ASX 200 Index tumbled 8.3 percent, the most since the October 1987 crash, led by National Australia Bank Ltd. Hong Kong's Hang Seng Index lost 7 percent as HSBC Holdings Plc slid. India's Sensitive Index fell 5.5 percent, paring ...
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... the afternoon. BHP Biliton was down 7 percent to $27.70, with Rio Tinto falling 6 percent to $73.40. National Australia Bank was at $22.03, down 7 percent, with Commonwealth Bank of Australia falling 4 percent to $40.66. Macquarie Group plunged 10 ...
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