Cameron Clyne
Australian business press digest - May 23
Australian business press digest - May 23.
Happy customers make for a happy Clyne
Elizabeth Knight The National Australia Bank boss, Cameron Clyne, will not say he has ''made it'', but topping the customer satisfaction charts this week, when NAB was 7.
NAB fights with one hand tied
Elizabeth Knight Cameron Clyne has been re-risking the bank, but the task is not finished.
Competition pushing up funding costs: NAB
Elizabeth Knight THE European debt crisis is no longer to blame for higher Australian mortgage rates, the chief executive of National Australia Bank, Cameron Clyne, says.
Fight for deposits pushing up mortgage rates, says Clyne
Elizabeth Knight European debt crisis is no longer to blame for higher Australian mortgage rates, according to NAB chief executive Cameron Clyne.
Opposites attractive in tough times
Ian Verrender National Australia Bank supremo Cameron Clyne is rapidly becoming the Dr Dolittle of banking.
NAB posts $2.83b cash profit
National Australia Bank said first-half cash profit came in at $2.83 billion as the bank joined rivals in reporting thinner margins on its loans.
NAB sticks with mortgage discounts
Eric Johnston National Australia Bank plans to stick with its mortgage discounting strategy even as the move weighs on profits at its retail bank.
Australian crawl holds back NAB
Eric Johnston While the UK continues to cloud NAB's outlook, the weak domestic economy is also causing CEO Cameron Clyne a few headaches.
Boss is best, that doesn't need Einstein
Ben Butler The revelations continue to flow as News Corp presents its third-quarter results from New York.
Gap narrows for the loan wolf
Malcolm Maiden But CBA may well turn out to be the bolter and the one that's hard to catch.
NAB stays on cutting edge
Eric Johnston National Australia Bank will continue to undercut rivals on mortgages even as the strategy starts to weigh on the profitability of its main-street banking arm.
Forget the ability, the man's a genius
CBD The startling revelations continued to flow yesterday when News Corp presented its third-quarter results from New York.
Steady as she goes at NAB
Eric Johnston With limited options on pricing, one questions whether the current strategy remains sustainable.
Australian business news digest - May 11
A look through Australia's financial press, May 11.
Australian business press digest: May 1
Compiled for Reuters by Media Monitors. Reuters has not verified these stories and does not vouch for their accuracy.
NAB to cut British losses
Eric Johnston NATIONAL Australia Bank has sought to limit further shareholder losses in Britain by cutting 1400 jobs and closing dozens of branches as it battles an economy sinking deeper into recession.
Cutbacks at Clydesdale, but no NAB fire sale
Eric Johnston Clydesdale Bank has a licence to print money, but it hasn't worked out for shareholders.
NAB plan to slash staff 'disgusting': UK union
Eric Johnston The UK's biggest union labels National Australia Bank as 'disgusting' for how it revealed plans to axe 1,400 jobs from its British operations.
NAB draws belated line in UK
Adele Ferguson Cameron Clyne would be kicking himself he didn't sort out the UK banking albatross.
