NAB faces continued narrow home loan margins 04 October 2010 6:14PM NAB will have to live with narrowing home loan margins for now. Mark Joiner, the executive director of finance at National Australia Bank, walked an industry conference in Melbourne, on Friday, throug.. read more
NAB aims for 18 per cent ROE 04 October 2010 6:13PM National Australia Bank will target a return on equity of 18 per cent to 20 per cent, said Mark Joiner. This is consistent with long-term returns for the top 20 companies in Australia, said the bank's.. read more
Speedy debt sell-down needed 04 October 2010 6:11PM Large loans to corporate borrowers cannot linger on bank balance sheets, and banks "have got to get it moving through," Mark Joiner, the executive director of finance at National Australia Bank, told.. read more
Banks hungry for top-tier loans 01 October 2010 4:40PM Banks are taking an optimistic approach toward the level of demand for new loans at the top end of town in 2011 and 2012 after a subdued year so far in 2010. read more
Leveraged finance readily available 01 October 2010 4:39PM Terms for leveraged loans, often sought by private equity investors, are becoming more like those available in the middle stages of the boom in 2004, a couple of practitioners told the Banking and F.. read more
NAB and ANZ doing better on home loans 01 October 2010 4:38PM National Australia Bank and also ANZ are picking up some market share in home loans, the monthly banking statistics from APRA show. read more
Rabo, Citi and ME Bank hit deposit stride 01 October 2010 4:37PM A reclassification by Commonwealth Bank of some of the deposits of Bank of Western Australia as business rather than household deposits complicates comparisons in the deposit data on the monthly ban.. read more
mecu takes options on MyState 30 September 2010 3:11PM mecu has emerged as the owner of stake of 1.62 per cent in MyState, a now demutualised and ASX listed credit union. read more
Wider mortgage margins inevitable: Westpac 30 September 2010 3:02PM Westpac might be preparing its customers for a further widening in margins on home loans. Rob Coombe, group executive, retail and business banking, at a speech in Sydney yesterday, said that the price.. read more
NAB tidies up credit card policies 28 September 2010 4:28PM National Australia Bank will adapt its pricing model for credit cards to conform to the announced policy of the Labor government. read more