Business
Chanticleer’s view: NAB bites back at CBA’s business push – The Australian Financial Review
Included in NAB’s upbeat December quarter trading update was a pointed message to CBA about the latter’s business banking ambitions.
The update also notes that NAB saw higher fees and commissions income benefiting from increased level of business activity during the quarter. Theres even a provision for performance bonuses, suggesting bankers are getting runs on the board.
Now, theres nothing in NABs update thats quite as exciting as CBAs half-year result last week, which showed it was growing business lending volumes at five times the rate of the broader banking system.
But while both sides insist they wont be drawn into a silly…
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