NAB prepares for US sell down

National Australia Bank yesterday foreshadowed plans to undertake "a potential public secondary offering" of its remaining shares in the bank's US subsidiary, Great Western. read more

Stevens questions rise in household debt

The extent to which further increases in household leverage should be encouraged "is not easily answered, but nor can it be conveniently side-stepped," Glenn Stevens, governor of the Reserve Bank of A.. read more

Amex receivables declined over 2014

American Express may be dealing with an extended period of caution on the part of its cardholders - or reduced traction for its product - with a decline in credit card receivables for the second year.. read more

'Deceitful' NAB cops UK PPI fine

NAB's Clydesdale Bank subsidiary in Britain "provided false information to the Financial Ombudsman Service in response to requests for evidence of the records Clydesdale held on payment protection ins.. read more

Comment: Time for another purge at NAB

Middle management is taking the blame at National Australia Bank for the misdeeds of staff in its shameful approach at Clydesdale Bank over its handling payment protection insurance policies in the UK.. read more