Business
NAB’s McEwan says banks will be less profitable in short-term – Sydney Morning Herald
National Australia Bank boss Ross McEwan has warned shareholders in the country’s banks would wear lower returns in the wake of the COVID-19 pandemic.
In the short to medium, its quite clear that there will be a less profitable banking system here in Australia. But I say short- to medium-term, because in the long-term, its a very strong economy her…
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