Business
NAB launches $2.5b buyback – The Australian Financial Review
NAB has announced it will take advantage of its financial performance and recent asset sales by launching a $2.5 billion on market…
Mr McEwans announcement of a $2.5 billion buyback is expected to increase the banks return on equity (ROE) by about 40 basis points. NAB committed to double-digit ROE at the banks half-year results when the bank said its cash ROE was at 11.1 per cent.
We…
-
General8 hours agoRSL NSW president Mick Bainbridge and three board members resign in wake of 7.30 investigation into conflicts of interest
-
General11 hours agoSelf-taught child drummer makes rock band debut with The Living End
-
General19 hours agoNewsCorp executive warns AI firms are asking Australia to ‘surrender our stories’
-
General23 hours agoTrio of scientists win Nobel Prize in Chemistry for ‘development of metal-organic frameworks’