Financial institutions / Big five & fintech (1,962 items)

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NAB set to 'separate' its wealth management arm

NAB will be exiting its advice platform and superannuation and asset management businesses, currently operating under MLC and other brands. CEO Andrew Thorburn: "We are targeting separation by the end of 2019 calendar year by a public market options including demerger and IPO will while maintaining flexibility to consider trade sale options." read more

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