(Adds detail on talks, background)
July 13 (Reuters) - National Australia Bank Ltd (NAB) , the country's third-largest lender, said on Tuesday it was in talks with Citigroup Inc C.N to potentially buy the U.S. bank's Australian consumer business.
Citi had said in April it would exit consumer businesses in 13 markets, including Australia, China and India, as part of a turnaround strategy to bring the bank in line with the profitability of its rivals.
NAB confirmed the talks in a brief statement to the stock exchange, adding that there was no certainty the discussions would lead to a deal.
(Adds detail on talks, background) July 13 (Reuters) - National...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$39.12 |
Change
0.410(1.06%) |
Mkt cap ! $119.8B | |||
| Open | High | Low | Value | Volume |
| $39.00 | $39.33 | $38.82 | $144.7M | 3.705M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11307 | $39.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $39.16 | 1398 | 1 |
View Market Depth
| Last trade - 16.10pm 19/06/2025 (20 minute delay) ? |
| NAB (ASX) Chart |