NAB - News, Features, and Slideshows

News

• NAB posts strong March-half growth

  NAB (ASX:NAB) lifted its March-half cash profit 21.7% to $2.7 billion, as revenue and market share gains outbalanced increased expenses for the period

• NAB reports continued spending on Next Generation Banking IT platform

  The National Australia Bank (ASX: NAB) has reported that it continues to spend up on its Next Generation Banking following the release of its March 2011 half year financial results.

• NAB reports some customer account balances not updating

  The National Australia Bank (NAB) has reported that some customer account balances were not up to date this morning.

• NAB announces executive shake-up

  NAB has revealed it will scrap the post of deputy CEO, and appoint a new UK head, in response to the imminent resignations of two executives

• Banking sector must learn from NAB social media: Ovum

  Banks have been warned to learn from the National Australia Bank’s (NAB) bold move into social media, embracing related tools to engage with customers.
  

• NAB reports online banking login issues

  The National Australia Bank (NAB) is reporting issues with its online banking portal and directing customers to use its phone banking system as an alternate.

• NAB CEO offers IT system issues explanation

  National Australia Bank (NAB) chief executive, Cameron Clyne, has sought to reassure shareholders that the bank is on top of the recent IT issues which saw millions of people stranded without cash for days.

• NAB updates IT issues

  National Australia Bank (NAB) has provided an update to its current IT issues, informing customers that delays in payments are expected to be cleared up late tonight or early tomorrow morning.

• AMP makes new bid for AXA APH assets

  AMP (ASX:AMP) has submitted a new bid for the Aus/NZ assets of AXA Asia-Pacific (ASX:AXA) in a deal valuing the whole of the latter at $13.3b

• Westpac delays core banking integration to focus on customer facing technologies

  Westpac's group executive for technology, Bob McKinnon, has outlined the bank’s technology strategy during the groups IT and productivity update, including the decision to delay the integration of its core systems with St George Bank’s Hogan platform until 2014. Instead, the bank will focus on customer facing technologies.

• NAB and InfoSys take out 'best new services delivery' award

  National Australia Bank (NAB) and InfoSys have taken out the best new services delivery prize at the Australasian Shared Services Excellence Awards.

• Green IT week: NAB tri-gen plant saves 20,000 tonnes of carbon PA

  The National Australia Bank (NAB) is encouraging other businesses to adopt tri-generation cooling strategies to reduce carbon footprints as part of their long-term ‘green’ IT strategy.

• NAB uses collaboration to cut travel expenses by 40 per cent

  The National Australia Bank has cut its travel expenses by 40 per cent by implementing collaborative technology across its 1,808 branches and service centres across Australia and overseas. Chief technology officer, Thor Essman, told delegates at Tandberg’s Visual Communications Summit that the band had changed its use of technology over the past two and a half years.

• Aussie stocks plunge on US fears, Greece

  ASX down 83 points in early trading

• SAP touts strong 2009 domestic revenues

  Major wins with NAB, Queensland Rail underpin results