NAB prevails in NULIS class action 04 December 2024 7:04AM Latest news Ian Rogers A representative action against NAB subsidiary NULIS Nominees (Australia) Limited in its capacity as trustee of the MLC Super Fund (No 4) has been dismissed by the Federal Court of Australia. read more
NAB admits to failure on hardship requests 19 November 2024 6:35AM Latest news Ian Rogers National Australia Bank and its subsidiary Advantedge are defending proceedings bought by ASIC that it failed to respond to debtors’ hardship notices as required by the National Credit Code. read more
UBank a winner for NAB 13 November 2024 7:16AM Latest news Ian Rogers The letter U is now pretty much the sole preserve of NAB, at least in the realm of trade marks. read more
NAB revs up proprietary channel 08 November 2024 7:17AM Latest news Ian Rogers NAB will step up efforts to originate more new business via proprietary channels. read more
NAB CEO at sea on branches 15 October 2024 6:16AM Latest news Ian Rogers In a spectacular fail, NAB chief executive Andrew Irvine told a falsehood in a radio interview yesterday on NAB’s record on branch closures. Or is he clueless on what’s really going on? read more
Little to bother big NZ banks in competition report 21 August 2024 1:01AM Latest news Ian Rogers The considered underinvestment by the four big banks in New Zealand in their core systems is one of the bedrocks of the oligopoly’s long-running dominance of the country’s banking sector, the New Zeal.. read more
Broad decline in NAB asset quality 19 August 2024 1:10AM Latest news Ian Rogers NAB’s business borrowers are feeling stressed, with a “continued broad-based deterioration in the Business & Private Banking business lending portfolio” over the June 2024 quarter. read more
NAB 'not liable' for disputed cash deposit 13 August 2024 6:50AM Latest news Ian Rogers AFCA has found in favour of National Australia Bank following allegations by a customer that a teller had stolen $7250. read more
LET'S SET THINGS STRAIGHT 09 August 2024 4:39PM Latest news Banking Day staff OUR CHEAPEST SUBSCRIPTION OFFER IN 20 YEARS read more
Plenti torpor in PayTo takeup 24 July 2024 12:03PM Latest news Ian Rogers New clients and early adopters for the gee whiz PayTo product rolling on New Payments Platform rails, there are few so far and sales efforts are striking more resistance than interest. read more
Staffing problem persists for major banks 13 June 2024 6:26AM Latest news Ian Rogers Too little time is spent considering the unbelievable personnel costs line, which blows away any remaining claims to efficiency or productivity in banking read more
NZ banks defer regional branch closures 02 June 2024 9:26PM Latest news Ian Rogers A trial of regional banking hubs in New Zealand has flopped, and so instead NZ’s five largest banks will extend their commitment not to close regional branches for the next three years. read more
All costs, some care in Senate report on bank branch closures in regional Australia 27 May 2024 6:36AM Latest news Ian Rogers Re-establishing a government owned bank, one with a focus on assuring the supply of financial services in regional areas, is the chief proposal in the report of the Senate’s Rural and Regional Affairs.. read more
Up and awry at Bendigo Bank 20 May 2024 6:31AM Latest news Ian Rogers ubank and NAB have outflanked Up and Bendigo. read more
Andrew Irvine sticks to McEwan's script 03 May 2024 1:18AM Latest news John Kavanagh NAB’s new chief executive Andrew Irvine hosed down speculation of big changes around strategy, by saying the market should not expect any “major pivot”. read more
Credit quality issues emerge at NAB 03 May 2024 1:16AM Latest news John Kavanagh At first sight, NAB’s credit quality looks to be in good shape, but there is more to it. read more
Margin pressures easing NAB says 03 May 2024 1:11AM Latest news John Kavanagh Margin pressures that have hit bank earnings over the past year are starting to moderate. read more
NAB results at a glance 03 May 2024 1:02AM Latest news John Kavanagh Not as crappy as they first seem, though profits fell across the board at NAB. The bank's corporate and institutional banking is doing best at margins. read more
De-banking crypto helps curb scam losses 29 April 2024 4:13AM Latest news Ian Rogers Efforts by banks, telcos and others to combat the scourge of scams are bearing fruit. The Targeting Scams report reveals a 13 per cent decline in reported scam losses to $2.7 billion over the year to.. read more
Bank branch closure inquiry wraps 17 April 2024 3:16AM Latest news Ian Rogers A bank branch (mainly NAB’s) closed in regional Australia every 5 days since a Senate inquiry into bank closures in regional Australia was announced early last year. read more