Tags: National Australia Bank

Joyce Phillips quits from ANZ amid business reform

Joyce Phillips, head of Australia & New Zealand Banking Group's wealth management business, is stepping down from the bank after a restructure of wealth business. The restructuring move will reduce the bank's expenses.


Iluka ceases production at Jacinth-Ambrosia project; to trim 33 jobs

Iluka Resources said it will cease production in zircon operation at Jacinth-Ambrosia project in South Australia following fall in zircon prices. The company's decision will positively impact the global market.

National Australia Bank posts 8% increase in Q1 cash profit

National Australia Bank posted an 8% increase in its quarterly cash profit helped by robust results in wealth sector and rise in lending volumes.

Oil hits new five-year low before rallying to $63

Brent crude oil hit a fresh five-year low close to $60 a barrel on Monday after producer group OPEC restated its determination not to cut output despite a global fuel glut, but the North Sea benchmark later rallied to around $63.


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National Australia Bank is looking at a possible partnership with Wells Fargo & Co. to bring Australians to the US term loan B instruments.
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