National Australia Bank Ltd. (ASX:NAB)

Banks

National Australia Bank Ltd. (ASX: NAB) is one of the four largest financial institutions in Australia in terms of market capitalisation, profits and customers. However, in 2020, it was Australia’s largest lender to businesses and has operations in wealth management and residential lending. It also operates the online-only Ubank. 

National Australia Bank Ltd. (ASX:NAB) share price

National Australia Bank Ltd. (ASX:NAB) share price news

ASX Bank Shares
James Dunn

Banks lead S&P/ASX 200 (INDEXASX:XJO) lower

The Australian sharemarket closed at its lowest point in 11 months on Wednesday, hampered by a weak lead-in from Wall Street, and its interest-rate worries.

ASX Bank Shares
James Dunn

S&P/ASX200 (INDEXASX:XJO) feels the rates heat

The Australia share market retreated to a six-month low on Tuesday, as global markets felt the pressure from surging bond yields – despite, in Australia’s case, the Reserve Bank leaving the official cash rate on hold at 4.1 per cent, for a fifth straight month.

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