Pay cuts, dividend slashed as NAB raises capitalBY JAMIE WILLIAMSON | MONDAY, 27 APR 2020 8:51AMThe big bank has entered a trading halt as it looks to raise $3.5 billion to sustain the business throughout the COVID-19 downturn which has so far seen the interim dividend more than halved and the NAB leadership team take pay cuts.
Upgrade your subscription to access this article
And gain access to:
And moreRead our full COVID-19 news coverage and analysis here. Related News |
Editor's Choice
WAM active strategy delivers 75.5%
|WAM Active (ASX: WAA), one of Wilson Asset Management's active listed investment companies, has recorded 75.5% in investment performance in the 12 months to 30 June 2026.
Entireti names former Perpetual chief as chair
|Entireti has named a former chief executive of Perpetual as chair of its board.
Super funds fail customer service test: SCA
|Superannuation funds are apathetic, dismissive and continue to fail members at the most basic service level, a new investigation from Super Consumers Australia (SCA) reveals, which slapped the industry with an overall failing grade on customer satisfaction.
KKR joins consortium to acquire ASX-listed Steadfast
|Global investment firm KKR has joined a consortium, including Amwins Group and Dragoneer Investment Group, as a co-lead investment partner to acquire ASX-listed general insurance broker Steadfast.
Products
Featured Profile

Blake Briggs
CHIEF EXECUTIVE OFFICER
FINANCIAL SERVICES COUNCIL
FINANCIAL SERVICES COUNCIL
Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.






