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.
News: WBC Australia's corporate regulator sues NAB over mortgage introducer program
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Last
$37.90 |
Change
0.740(1.99%) |
Mkt cap ! $129.6B | |||
| Open | High | Low | Value | Volume |
| $37.72 | $38.06 | $37.51 | $140.8M | 3.716M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3244 | $37.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.95 | 550 | 1 |
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| WBC (ASX) Chart |