National Australia Bank Ltd. (Victoria, Australia)

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  • Jan. 21, 2013, 2:42 AM

    Santander (SAN) is reportedly considering bidding £2B ($3.2B) for National Australia Bank's U.K. operations, which comprise 337 Clydesdale and Yorkshire bank branches. Although the business is loss-making, it's attractive to Santander because it has a strong position in the small- and medium-sized business segment, where the Spanish bank is keen to expand as it prepares for an IPO of its British operations.

    | Jan. 21, 2013, 2:42 AM
Company Description
National Australia Bank is engaged in the provision of banking services, credit and access card facilities, leasing, housing and general finance, international banking, investment banking, wealth management, funds management, life insurance, and custodian, trustee and nominee services. As of... More
Sector: Financial
Country: Australia