"I worked in nab custodian services and they have exposure to all the majors. lehmans, merril, citigroup, goldmans etc.
i don't know how this effects the buisness as a whole, but if you put 2 and 2 together. if they are processing big sums of money from lehmans and holding stock in there name, it mustn't be good."
seriously rogar, this is why investors should consider selling this stock. if you dont even understand the business unit you are working in, what hope should those investing in it have. custodians business is all around servicing clients money (ie super funds and large net worth clients), its not all nabs investments. it is primarily a fee driven business unit. hence the name custodian ie custodian of other peoples money/invesments.
will there be a bank run, page-22
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Last
$36.94 |
Change
-0.670(1.78%) |
Mkt cap ! $113.6B | |||
| Open | High | Low | Value | Volume |
| $37.08 | $37.29 | $36.88 | $167.7M | 4.533M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 445 | $36.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $36.97 | 11870 | 1 |
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| NAB (ASX) Chart |