National Australia Bank

Bank beefs up AFL support

news.com.au
14-Nov-2008
        

IN A move that defies recent economic trends, National Australia Bank has decided to extend and bolster its lucrative sponsorship of the AFL. NAB this week agreed to continue its support of the AFL's official pre-season series...

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NAB cuts 179 tech jobs

finextra.com
13-Nov-2008 1 related
        

National Australia Bank (NAB) is to axe 179 technology jobs, according to local press reports. Employees were informed of the losses - which are on top of 264 IT positions that were cut earlier this year - on Wednesday...

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Loan week, November 7-13

financeasia.com
13-Nov-2008
        

By FinanceAsia & Dealogic | 14 November 2008 A roundup of the latest syndicated loan market news. Sole mandated lead arranger Commonwealth Bank of Australia and participant National Australia Bank committed A$122.5 million...

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Australian market trades higher, led by miners and energy stocks

rttnews.com
13-Nov-2008
        

The Australian stock market was trading higher Friday, tracking steep triple-digit gains on Wall Street overnight, as three straight sessions of losses presented investors with a buying opportunity. Mining and energy companies...

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Stock takes : A bad attack of car sickness

apn.co.nz
13-Nov-2008
        

Outside the financial world, another sector doing it tough at present is the automotive industry. Although it predated the overseas credit crunch, a meltdown in the used car business in New Zealand two or three years back...

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Bad loans hit Commonwealth Bank (at FT.com)

yahoo.com
13-Nov-2008 2 related
        

Commonwealth Bank of Australia, the nation's largest bank by market capitalisation, said earnings for the six months ending in December would be hit hard by higher than expected bad-loan losses. The bank's rivals have recently...

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Aussie share market tumbles to new low (Reuters)

yahoo.com
13-Nov-2008 11 related
        

Australian shares tumbled 5.9 percent to a new four-year low on Thursday, as companies warned the spreading global downturn was starting to hit their earnings, while a sharp drop in China's industrial output growth hit miners.

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Confidence Mixed

yahoo.com
13-Nov-2008 8 related
        

Consumer and business confidence are moving in different directions.Tuesday the National Australia Bank's monthly survey of business showed confidence falling by a record amount and business conditions worsening yet again.It...

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Australia's Cromwell to launch A$ CMBS buyback

finanznachrichten.de
13-Nov-2008
        

SYDNEY, Nov 13 (Reuters) - Cromwell Group, an Australian property firm and fund manager, is in talks with investors over buying back its commercial mortgage-backed securities (CMBS) issue using the proceeds of a new A$452...

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Bank of NZ internally securitises NZ$ RMBS-Fitch

finanznachrichten.de
13-Nov-2008
        

SYDNEY, Nov 13 (Reuters) - Bank of New Zealand, a unit of National Australia Bank, has internally securitised NZ$6.5 billion ($3.66 billion) of residential mortgage-backed securities (RMBS), ratings agency Fitch said on...

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