KGB: NAB's Cameron Clyne

NAB's chief executive officer says the bank intends to hold its UK assets until they return closer to their historic value, while retail deposit competition has probably overtaken wholesale funding as a costs driver.

NAB chief executive officer Cameron Clyne tells Business Spectator's Alan Kohler, Robert Gottliebsen and Stephen Bartholomeusz:

The bank intends to hold its UK assets until they return closer to historical value, but it's very hard to get a sense on precedent transactions in the market.

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