by Amruth Sundarkumar | Jun 8, 2021 | Investment Grade Bonds
National Australia Bank (NAB), Australia’s third largest lender is being investigated over breaching money laundering laws in a crackdown on organized crime. The government’s financial intelligence agency Austrac began formal investigations into compliance with...
by bondevalue | May 6, 2021 | Banks
National Australia Bank (NAB) reported a 144% jump in 1H2021 net profits to A$3.2bn ($2.5bn). Cash earnings rose to A$3.34bn ($2.6bn), up 140% YoY. While net interest margins (NIMs) declines 40b to 1.74%, profits were helped by a credit impairment write-back of...
