About NAB - National Australia Bank
National Australia Bank is a financial services organisation with over 40,000 people, operating more than 1,800 branches and service centres, and responsible to more than 460,000 shareholders. NAB operates major financial services franchises in Australia, as well as businesses in New Zealand, Asia, the United Kingdom and the United States. Each of their – more... brands is uniquely positioned but built on a common commitment to providing quality products and services, fair fees and charges, and relationships built on the principles of help, guidance and advice.
The Australian region is made up of:
Personal Banking - Personal Banking has over 10,000 employees, more than three million personal and micro business customers across Australia and approximately 750 retail outlets, agencies and kiosks.
Business banking - NAB is Australia's leading business bank for both lending and deposit market share. Their team of over 5,000 business bankers and specialists provide insights and solutions to more than 700,000 clients, ranging from SMEs and mid-market corporates to large institutional clients. In 2009, Business Banking was named Business Bank of the Year by CFO Magazine and again achieved the highest business customer satisfaction rating among the major banks (in the $5 million - $500 million segment) according to a survey by East & Partners.
MLC & NAB Wealth -MLC & NAB Wealth has more than 5000 employees who provide investment, superannuation, insurance and private wealth solutions to individual investors and corporate customers throughout Australia. The business also offers financial planning and advice through NAB Financial Planning, Godfrey Pembroke, Garvan Financial Planning, MLC Financial Planning and Apogee Financial Planning. In PricewaterhouseCoopers 2009 Wealth Management CEO Survey, MLC was rated the most admired wealth management company for promoting trust and confidence in the industry.
Wholesale Banking - Wholesale Banking has more than 2500 employees located in Australia, New Zealand, Asia, the United Kingdom and the United States. The business helps customer-facing people in Business Banking, Personal Banking, Wealth, MLC, the offshore businesses, and in Wholesale Banking itself, meet more of their clients' needs. Wholesale Banking's product and service offering includes funding solutions, investment solutions, client risk management solutions, asset servicing and research. Wholesale Banking also helps manage the Group's liquidity, funding and risk profile.
Asset Management - nabInvest is the direct asset management business of the NAB Group. The NAB Group established nabInvest in 2007 with the goal of building a market-leading direct asset management business. nabInvest identifies and develops high quality investment management businesses, either through direct ownership or partnering with established and new businesses. nabInvest's role is to provide flexibility and support, not to control. nabInvest offers both institutional and retail investors access to a diverse range of asset classes and investment capabilities, managed by investment professionals who are totally focused on delivering superior investment outcomes. – less