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Tag: NAB

Retail Asia25/11/2021
NAB-Australia.jpeg
Finance

Watchdog Greenlights NAB’s Citi Acquisition in Australia

2min0
The acquisition «would not substantially lessen competition,» the Australian Competition and Consumer Commission (ACCC) said on Thursday. The competition watchdog in Australia will not oppose the proposed acquisition of Citigroup Australia’s consumer business by National Australia Bank. Its review focused on competition in the supply of credit cards, as Citi is a substantial provider of credit […]
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Retail Asia15/07/2021
NAB-Australia.jpeg
Finance

NAB in Talks to Buy Citi’s Australia Consumer Unit

1min0
The National Bank of Australia is the latest to join the hunt for Citi’s retail assets after it announced plans for a major consumer downsizing earlier this year. NAB is in talks to potentially but Citi’s consumer business in Australia, according to an exchange filing. Discussions are ongoing and no deal has been concluded. Numerous […]
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