National Australia Bank profit slips 94 PC to $269 million

Source: www.seattletimes.com --- Wednesday, October 26, 2016
SYDNEY (AP) — National Australia Bank Ltd. says its annual profit has slumped 94 percent to 352 million Australian dollars ($269 million) due to sales of its troubled British banking and life insurance businesses. One of Australia’s largest banks demerged the poorly performing Clydesdale Group and sold an 80 percent stake in its life insurance […] ...

from Australia http://ift.tt/2eO4Vlg