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Browsing Tag

major bank

3 posts
EEconomy
NAB
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National Australia Bank suffers $8.7 billion market cap crash after its earnings fall 13.4 per cent

  • November 6, 2026
A major Australian bank has suffered a $8.7 billion crash after its profit tanked and it warned of…
BBusiness
HSBC announces exit of Australian banking, sells $36bn home and personal loan portfolio to Blackstone
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HSBC announces exit of Australian banking, sells $36bn home and personal loan portfolio to Blackstone

  • August 1, 2026
HSBC has announced it is selling its $36bn Australian home and personal loan portfolio to private equity giant…
EEconomy
NAB has flagged recession fears as the oil crisis weighs on the economy. Picture: Daily Telegraph / Monique Harmer
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National Australia Bank lifts recession fears from oil crisis shocks as it books a $706m increase in provisions

  • April 20, 2026
One of Australia’s largest banks has flagged concerns of a recession as the financial impacts of the oil…
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