The Distillery: Nifty NAB

Jotters give a mixed assessment of NAB’s results but all agree that personal banking has been Cameron Clyne's greatest triumph.

The second member of the big four banks to report results this week has left the market a little underwhelmed. It’s not that the National Australia Bank performed poorly – a record $6 billion cash profit highlights otherwise, but the market just has high expectations. 

According to several commentators, NAB is still paying the price for its UK business, with the pressure valve yet to be lifted on chief executive Cameron Clyne. 


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