NAB national australia bank limited

News: NAB Australia's corporate regulator sues NAB over mortgage introducer program

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    SYDNEY, Aug 23 (Reuters) - The Australian corporate regulator said on Friday it filed a lawsuit against No. 3 lender National Australia Bank Ltd (NAB) accusing it of accepting loan applications from unlicensed third party "introducers".

    The Australian Securities and Investments Commission (ASIC) said NAB had breached a law which prevents banks from dealing with unlicensed loan professionals in relation to 297 loans between September 2013 and July 2016.

 
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Last
$42.48
Change
0.530(1.26%)
Mkt cap ! $128.4B
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$42.45 $42.52 $42.20 $11.69M 275.5K

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Price($) Vol. No.
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