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.
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It was during a family sojourn to the seaside town of Pescara, Italy, Rob DeDominicis first laid eyes on what would become the harbinger of his future. Andrew McKean writes.