.MichaelDanbyMP on NAB leadership resignations: I do not think we have seen the end of it. We have not seen the political end of this story. MORE: Speers
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NAB CEO cancels long-service leave after criticism from the banking royal commissionNational Australia Bank chief executive Andrew Thorburn has cancelled a period of long-service leave after criticism from the royal commission.
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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:
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NAB boss defends taking long-service leave during royal commission | Sky News AustraliaNational Australia Bank chief executive Andrew Thorburn has defended his decision to take long-service leaving during the banking royal commission, saying it's 'unfair' to think a CEO can't take leave for their own physical and mental health.\n\nMr Thorburn has told Your Money host Ticky Fullerton that he is comfortable with his decision to take leave because he had ‘laid out a plan’ and had ‘an army of very good leaders’ to carry out the bank's strategy.\n\nThe royal commission report released on Monday slammed Mr Thorburn and NAB's chairman, former Treasury secretary Ken Henry, for not being willing to accept the necessary responsibility.\n\nVideo credit: Your Money\n\n\n\n
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NAB bosses 'cop scathing criticism' in banking royal commission | Sky News AustraliaThe banking royal commission has given 76 recommendations in total that cover banks, superannuation, mortgage brokers and financial advisors.\n\nThe final report gives 22 referrals of 19 banks and other financial institutions to Australian Securities and Investments Commission and Australian Prudential Regulation Authority, which may lead to criminal prosecutions.\n\nSky News host David Speers says the report does not ‘name names’ of who should be criminally prosecuted but the NAB CEO Andrew Thorburn and chair Dr Ken Henry ‘copped some scathing criticism’, saying they were the most criticised individually.\n\nBanking royal commissioner Kenneth Hayne QC says he not persuaded the NAB is willing to accept responsibility for deciding the right thing to do in the future and requiring their staff to act accordingly. \n\n
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'We need to serve you better': NAB CEO | Sky News AustraliaNational Australia Bank chief executive Andrew Thorburn is confident he can oversee necessary changes to the firm, despite receiving scathing comments in the banking royal commission’s final report.\n\nSingling out NAB, 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\nMr Thorburn says in a video posted to Twitter that it's clear ‘we need to rise and serve you better’.\n\nThe royal commission delivered 76 recommendations to improve the banking super and financial sectors in its report released on Monday. \n\n\n\n\n\n
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‘We need to serve you better’: NAB CEO | Sky News AustraliaNational Australia Bank chief executive Andrew Thorburn is confident he can oversee necessary changes to the organisation, despite scathing comments in the banking royal commission’s final report.\n\nSingling out NAB, 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\nMr Thorburn says in a video posted to Twitter that it's clear ‘we need to rise and serve you better’.\n\nThe royal commission delivered 76 recommendations to improve the banking super and financial sectors in its report released on Monday.\n\nAt least 20 civil and criminal referrals have been sent to APRA and ASIC involving the Commonwealth Bank, NAB, ANZ and AMP.\n\n
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‘We need to serve you better’: NAB CEO | Sky News AustraliaNational Australia Bank chief executive Andrew Thorburn is confident he can oversee necessary changes to the organisation, despite scathing comments in the banking royal commission’s final report.\n\nSingling out NAB, 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\nMr Thorburn says in a video posted to Twitter that it's clear ‘we need to rise and serve you better’.\n\nThe royal commission delivered 76 recommendations to improve the banking super and financial sectors in its report released on Monday.\n\nAt least 20 civil and criminal referrals have been sent to APRA and ASIC involving the Commonwealth Bank, NAB, ANZ and AMP.\n\n\n\n\n
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NAB enters trading halt pending 'leadership change' announcement | 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 and 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\n\n
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‘It’s unfair’: NAB CEO’s whinge after cancelling leaveNAB CEO Andrew Thorburn has been grilled over his decision to take long service leave while the banking royal commission’s final report was being released.
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NAB CEO cancels long-service leave after criticism from the banking royal commissionNational Australia Bank chief executive Andrew Thorburn has cancelled a period of long-service leave after criticism from the royal commission.
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