Triple bypass needed to resurrect NAB's UK businessBY MARK SMITH | THURSDAY, 1 NOV 2012 12:30PMIt could take years before NAB's 'worthless' UK banking business is restored to anything approaching a reasonable sale price. |
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Contrast NAB's action with those of global banks during the GFC when they just did it and offloaded underperforming divisions. It's about time NAB bit the bullet on this and sold out of the UK at any price. It's been an underperforming bank for 10 years and its excuse after excuse. The Board needs a good shake out.