NAB looks like to be left behind with all this takeover activity involving Standard Chartered and Bank of Queensland, ANZ and Westpac. What will happen to CBA and NAB? Will they go down and get infected by money laundering scandals of their own like NAB's BNZ in NZ with RBNZ?
If ANZ or Westpac takes over Standard Chartered as a response to Standard Chartered taking over or trying to take over Bank of Queensland, the Aussie Government should put Australia first and not allow any jobs to be offshored.
NAB must be forced to onshore all their jobs like with CBA and the others.
One of the preconditions of any sale even Standard Chartered of Bank of Queensland or ANZ/ Westpac/ NAB of Standard Chartered is that more jobs are created in Australia not less and no jobs should be offshored they should be onshored.
The Standard Chartered, Wells Fargo and NatWest Group rumors of an imminent takeover of Bank of Queensland should concern Australia First interests.
What good is the FIRB and the ACCC if they do nothing about Australian interests and Australian jobs when these Australian interests are threatened by foreign takeovers or when either ANZ or Westpac try to takeover other banks like Standard Chartered?
NAB Price at posting:
$39.40 Sentiment: Sell Disclosure: Not Held
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