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Business Services Industry
NAB division adds up to growth.
Australasian Business Intelligence, July, 2006
Byline: Stewart Oldfield
Jul 24, 2006 (The Australian Financial Review - ABIX via COMTEX) -- The Institutional Markets & Services (IMS) arm is proving to be a strength in National Australia Bank's recovery. IMS, which despite restructuring managed to generate a 2.5% underlying profit increase for the first half of 2005-06, is being further streamlined. IMS head John Hooper will have just nine executives reporting to him, down from 15. Also, a head of Australian operations has been instituted for IMS. Hooper has been busy shutting down IMS offices in ...
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