belfasttelegraph Tuesday, 29 July, 2014

National Australia Bank

National Australia Bank

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  1. LOS ANGELES (MarketWatch) -- Australian stocks moved sideways in early Tuesday action, with the S&P/ASX 200 little changed after flirting with modest losses in the opening minutes. QBE Insurance ... FULL ARTICLE AT MarketWatch

  2. July 29, 2014 12:55 AM [SYDNEY] National Australia Bank Ltd, the nation's biggest lender by assets, agreed to sell a £625 million (S$1.3 billion) parcel of ... FULL ARTICLE AT Business Times

  1. National Australia Bank Ltd. has agreed to sell a 625 million British pounds ($1.06 billion) basket of mainly distressed U.K. loans to private equity firm Cerberus Global Investors ... FULL ARTICLE AT Private Equity Analyst

  2. National Australia Bank Ltd has agreed to sell a 625 million pound ($1 billion) portfolio of mostly non-performing UK commercial property loans to an affiliate of private equity firm Cerberus ... FULL ARTICLE AT PE Hub Wire

  3. National Australia Bank has undertaken a “substantial de-risking” with an agreement to sell a £625m parcel of largely non-performing loans from its UK CRE portfolio to a Cerberus Global Investors ... FULL ARTICLE AT Property Week

  1. National Australia Bank has cleared another hurdle in its long-running attempt to cut ties to the British economy, selling a batch of troubled loans at a better than expected price. FULL ARTICLE AT The Age

  2. NAB reaps $1.1b from UK bad loans sale

    NATIONAL Australia Bank has reaped $1.14b from the sale of bad loans from its British commercial real estate business. FULL ARTICLE AT The Courier Mail

  3. MELBOURNE (Reuters) - National Australia Bank Ltd has agreed to sell a 625 million pound ($1 billion) portfolio of mostly non-performing UK commercial property loans to an affiliate of private equity ... FULL ARTICLE AT Reuters.co.uk

About this topic

Wikipedia

National Australia Bank (or NAB) is one of the largest financial institutions and banks in Australia in terms of market capitalisation and customers. NAB is ranked 17th largest bank in the world measured by market capitalisation, it held total assets of A$657 billion as at 30 September 2008 and its operating income in 2008 was A$15.4 billion. . It operates across 10 countries serving 8.3 million... Full Article At Wikipedia.org

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