NAB's financial mishaps

AAP General News (Australia)
01-13-2004
NAB's financial mishaps

NAB's FINANCIAL MISHAPS:

*Nov 2001 - Reports a $3.61 billion writedown on US mortgage provider HomeSide, causing
36 per cent slide in annual profit for 2000/01

*Aug 2003 - Tries to lift its stake in AMP from 3.1 per cent to about 15 per cent in
an overnight raid, but walks away with about five per cent

*Nov 2003 - Takes $104 million hit to …