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Market Watch (Free subscription) | yesterday
LOS ANGELES (MarketWatch) -- Australian stocks inched upward in early Monday trading despite a negative lead from Wall Street, though financials were mostly weak. The benchmark S&P/ASX 200 rose 0.1% to 4,690.6, with miners Alumina Ltd. and Newcrest Mining Ltd. among the leading gainings, up 1.5% and 2%, respectively. Several banks dragged on the market, however, with National Australia Bank Ltd....
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Money Prophet (Free subscription) | yesterday
Tough seasons and the global financial crisis have prompted more farmers to seek advice on succession planning and wealth management, according to the National Australia Bank.
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Scotsman.com (Free subscription) | 21/11/2009
WHEN he announced that he was stepping down from National Australia Bank, John Stewart said he was open-minded about any new job offers. That was precisely a year ago and it l
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Financial Times (Free subscription) | 20/11/2009
The UK's third largest insurer is on the verge of appointing John Stewart, the former head of National Australia Bank, as its new chairman
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Peter Martin (Free subscription) | 19/11/2009
The Reserve Bank has given Australia's banks a green light to top up their mortgage rates declaring that their mortgage margins "have actually declined a little over the past two year s". The assessment by Reserve Bank Assistant Governor Guy Debelle delivered to a banking conference in Sydney is at odds with jawboning by the Treasurer who has attacked banks over attempts to widen their margins....
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Scotsman.com (Free subscription) | 12/11/2009
JOHN Stewart, former chief executive of National Australia Bank (NAB), was yesterday appointed as a director of the Court of the Bank of England.
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Reuters UK (Free subscription) | 11/11/2009
MELBOURNE, Nov 12 (Reuters Basis Point) - National Australia Bank has reorganised its debt capital markets business, combining its securitisation, syndication loan and agency teams with the capital markets origination team, the bank said in a statement.
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Blade Watch (Free subscription) | 10/11/2009
Finextra Lloyds Banking Group says it will cut around 5000 jobs, including information technology positions, from its UK operations by the end of 2010. However, the bank says redeployment and the release of contractors, temporary staff and offshore personnel, means the net reduction will be about 2600 permanent UK jobs. The bank, 43%-owned by the taxpayer, has already [...] Related posts: Lloyds Banking...
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People Daily (Free subscription) | 10/11/2009
The National Australia Bank's (NAB)monthly survey revealed on Tuesday that business confidence is on the rise again after dipping in September. The survey showed business confidence increased by two index points to plus 16 points in October. Australian GDP is expected to grow by 0.5 percent to 1 percent in 2009 and 2.5 percent in 2010, the survey noted. The bank revised up its 2009 and 2010 growth...
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Peter Martin (Free subscription) | 10/11/2009
And where jobs grow, rates can rise Analysts say a December interest rate hike is now a "live" possibility after new data showing businesses more confident than at any time since 2002 and keener to hire than before the global financial crisis. The National Australia Bank October business survey shows that businesses planning to take on workers outnumber those planning to let go of workers...
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Market Watch (Free subscription) | 10/11/2009
SAN FRANCISCO (MarketWatch) -- Australian business conditions and confidence improved in October, according to reported results Tuesday from the National Australia Bank's monthly survey. Business confidence in the country rose 2 points to +16 in October, according to reports citing the survey results. The positive result indicated overall optimism. Meanwhile, business conditions rose 9 points to +12,...