Investor snapshot 3 May 18: NAB HY profit down on restructuring costs
CommSec

Investor snapshot 3 May 18: NAB HY profit down on restructuring costs

2018-05-03
The National Australia Bank has reported a 16% fall in half year cash profit due to $755 million in restructuring costs as the bank plans to spin off its wealth management business MLC.      This report is approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399, AFSL 238814 (CommSec) a wholly owned but non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124, AFSL 234945 (the Bank). The Bank and its subsidiaries have ef...
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