- NAB's CEO, Cameron Clyne, will take over as chair of National Australia Bank's European subsidiary. He will replace former Visa CEO Malcolm Williamson, who will retire from all NAB's boards in July.
- Commonwealth Securities paid a penalty of A$35,000 to the Australian Securities and Investments Commission following a securities trading blunder in August 2011, ASIC said yesterday. CommSec failed to prevent an erroneous sell order in Oz Minerals.
