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Showing 51 - 60 of 95 results for "NAB Group"

NAB confirms final pricing for Great Western IPO

MARK SMITH  |  THURSDAY, 16 OCT 2014
... ownership of GWB over time, subject to market conditions. The timing of subsequent sales of GWB shares is not yet known. NAB Group chief executive Andrew Thorburn said: "today is an important step in the next stage of our strategy in focusing on building ...

NAB prepares contingency plan if Scots vote 'Yes'

JAMES FERNYHOUGH  |  MONDAY, 15 SEP 2014
... register its subsidiary Clydesdale Bank as an English company should Scotland vote to become an independent nation. NAB Group chief executive Andrew Thorburn said that in the case of a 'yes' vote, registration of Clydesdale Bank in England "would provide ...

Big four fail in cross-selling retail super funds

LAURA MILLAN  |  THURSDAY, 4 SEP 2014
... competitors in superannuation is likely to remain a problem for improving cross-sell in this market." AMP holds 5.8% of NAB Group clients' superannuation balance, but the figure increases to 6.8% in the case of ANZ customers. ANZ is the only bank with ...

NAB quarterly profit up 7%

LAURA MILLAN  |  TUESDAY, 19 AUG 2014
... year, while net profit -which includes one-off items- was of $1.7 billion, unchanged from June 2013. Recently appointed NAB Group chief executive Andrew Thorburn said: "While revenue growth remains challenging, Australian home lending continues to achieve ...

Consumers have no loyalty to financial institutions

MARK SMITH  |  MONDAY, 18 AUG 2014
... still deal with an average of 4.1 financial institutions. They are followed by Westpac Group (4.6), ANZ Group (4.7), and NAB Group (4.9). Across the big four banks, CBA Group is the most successful in terms of share of customers' products held, with ...

NAB sells $1bn worth of UK property loans

JAMES FERNYHOUGH  |  TUESDAY, 29 JUL 2014
... near maturity, would result in a "small gain above net book value" and release around A£127 million of capital for the NAB Group. Incoming NAB Group Chief Executive Officer Andrew Thorburn said: "We've progressively reduced our exposure to UK commercial ...

MLC GM to chair community foundation, focuses on mental health

STAFF WRITER  |  MONDAY, 31 MAR 2014
... joined MLC in 1999. During this time she has held a number of key strategic and finance roles within MLC and the broader NAB group. NAB Wealth group executive Andrew Hagger welcomed the appointment stating Bourguignon brings a unique set of skills to ...

JANA absorbs MLC IM in NAB restructure

MARK SMITH  |  WEDNESDAY, 26 MAR 2014
... construction and ongoing management of all multi-manager sector portfolios and all diversified portfolios provided through NAB Group platforms to both retail and institutional clients. Products will still operate under the MLC brand and be supported ...

NAB Asset Servicing wins Prime Super contract

ALICE URIBE  |  WEDNESDAY, 18 SEP 2013
... the Fund's custodian," he said. "We continue to acknowledge the full scale of their resources as part of the broader NAB Group and hope to continue to leverage these in the future," Prime Super chief executive Lachlan Baird said. This month NAB Asset ...

Independent providers fail at cross-selling banking products

LAURA MILLAN  |  THURSDAY, 5 SEP 2013
... superannuation customers have a Westpac banking product. Westpac is followed by CBA Group at 49.4%, ANZ Group at 41.5% and NAB Group at 38.6%. Over the last year, ANZ Group was the only institution to report a strong growth and was up 9.1% points in ...