UPDATE 1-National Australia Bank’s annual profit takes a hit on inquiry fallout
(Adds CEO comment, details) Nov 1 () – National Australia Bank (NAB) posted a 14.2 percent fall in annual cash earnings on Thursday as the country’s fourth-largest lender grapples with the costs of compensating customers and a series of compliance failures. Cash earnings came in at A$5.70 billion ($4.0 billion) for the year ended Sept. […]
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