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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

China, rates front and centre

The benchmark S&P/ASX 200 (INDEXASX: XJO) index fell 21.7 points, or 0.3 per cent, to 7393.1, with five of the 11 sub-sectors retreating. The broader All Ordinaries (INDEXASX: XAO) shed 24.6 points, also 0.3 per cent, to 7,622.

ASX Bank Shares
James Dunn

S&P/ASX 200 (INDEXASX:XJO) slides across the board

The benchmark S&P/ASX 200 (INDEXASX: XJO) surrendered 81.5 points, or 1.1 per cent, to 7414.8, while the broader All Ordinaries (INDEXASX: XAO) was also down by 1.1 per cent, losing 83 points to 7,647.

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