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NAB CEO resigns after trading haltBREAKING: NAB CEO Andrew Thorburn and Chairman Dr Ken Henry will leave the bank. 9News More here: NAB NAB So they should! 9NewsAdel NAB Wow that means nothing after all the millions they made , and probably a huge pay out too
Source: 9NewsAUS - 🏆 10. / 72 Read more »
NAB CEO, chairman resign after royal commission reportNAB chief executive Andrew Thorburn and chairman Ken Henry have resigned from their roles amid the fallout from the banking royal commission report. Bet he gets a great goodbye payment 'Organisational Scape-goats. No-one complained beforehand while we were bringing the money in !' The National Bank has a real cultural problem. This will be it. Resignation/sacking with a golden handshake will be the only consequences for corporate banking criminals.
Source: SBSNews - 🏆 3. / 89 Read more »
Thorburn's future uncertain after NAB trading halt | Sky News AustraliaThe National Australia Bank has entered a trading halt pending a 'leadership changes' announcement.\n\nThere is market conjecture the announcement could be related to the scathing assessment of the organisation's conduct by the banking royal commission.\n\nSingling out NAB CEO Andrew Thorburn, Commissioner Kenneth Hayne said the company didn’t appear to be taking responsibility for what had gone wrong and had continued to blame faults on administrative errors.\n\nYour Money reporter Leo Shanahan has told Sky News it’s ‘likely’ Mr Thornburn will be asked to imminently step down by the board in the wake of the royal commission’s report. \n\n\n\n MichaelDanbyMP Who in the governmet purchased shares in the 3 days prior to the report being released in to the Banks? MichaelDanbyMP
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Thorburn, Henry resign in NAB leadership shakeup | Sky News AustraliaNational Australia Bank CEO Andrew Thorburn and Chairman Ken Henry announced their resignations in the wake of a scathing assessment by the banking royal commission.\n\nThe bank has confirmed ex-ANZ Australia boss and current NAB board member Philip Chronican will take over as interim boss.\n\nThe bank’s corporate leadership was singled out by Commissioner Kenneth Hayne, who said the company didn’t appear to be taking responsibility for what had gone wrong and had continued to blame faults on administrative errors.\n\n\n AngusTaylorMP AngusTaylorMP Two questions that Credlin was afraid to ask and all Australia want asked: 1) will you build new coal fire power stations?, 2) will you allow gas fracking? AngusTaylorMP Only when it suits
Source: SkyNewsAust - 🏆 7. / 78 Read more »
NAB shares in trading halt pending 'leadership changes'National Australia Bank shares are in a trading halt pending an announcement to the market regarding leadership changes. Was there a trading halt of all financial institutions before the release of the bankingRoyalCommissionWHITEWASH report? Like, who did not know NAB was best avoided?
Source: abcnews - 🏆 5. / 83 Read more »