National Australia to Bear Irish Bank Theft Losses
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National Australia Bank Ltd., the nation&#39;s largest lender, will bear any losses arising from the theft of about 20 million pounds ($38.5 million) from its Northern Bank unit in Northern Ireland.
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Business & money: Defeat for banks could wipe out Â£3.5bn of income as RBS blames OFT for customers' complaints
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A gang of thieves is likely celebrating their dubious distinction today, after making off with a record $48 million Cdn. from a bank in Belfast.
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Business & money: The investment bank blames actions of single trading team for losses of $9.4bn
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LONDON, August 23 (New Ratings) - Abbey National (AYN.ETR) is likely to witness a maximum of 4,500 job losses over the next three years, following its proposed Â£8 billion takeover by Banco Santander Central Hispano (BSCH).
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The IRA was responsible for the Â£22m bank robbery in Belfast, Northern Ireland's police chief says.
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NATIONAL Australia Bank yesterday announced it had hired the investment bank Lazards to gauge buying interest for its Irish banks, signalling it was prepared to leave part of its European market.
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ONE of the biggest heists in history has left the National Australia Bank with a $50 million headache. In a Hollywood-style raid, the 20-strong Irish gang robbed the NAB-owned Northern Bank in Belfast as thousands shopped and sang Christmas carols nearby.
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National Australia Bank said Thursday it is &quot;testing the market&quot; ahead of a possible sale of its Irish subsidiaries, the National Irish Bank and Northern Bank.
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The Australian owner of the Northern Bank today announced it will have to bear the cost - at least Â£27 million and possibly up to Â£40 million - of the world&#39;s biggest peacetime bank robbery.
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Danske Bank A/S, the Nordic region&#39;s second-largest lender, agreed to buy two Irish units from National Australia Bank Ltd. for 967 million pounds ($1.86 billion) to expand outside Scandinavia.
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Australiaâs third-biggest bank said one-off factors, such as the loss of earnings from the sale of its London project finance business and measures to arrest NZ retail customer attrition, would on balance have a negative impact on fiscal 2005 earnings.
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BANK robbers in Northern Ireland have made off with as much as Â£30m ($A76m) from an Australian-owned bank in Belfast. The robbers gained access to a branch of the Northern Bank on Wellington Street in central
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The Finance Sector Union says up to 200 casual and temporary staff could lose their jobs if three of Australia&#39;s biggest banks contract out their cheque processing services.
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Denmark&#39;s biggest financial group, Danske Bank, has agreed to purchase Northern Bank in Northern Ireland and National Irish Bank in the Republic of Ireland from National Australia Bank for Â£967 million.
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SYDNEY: National Australia Bank Ltd (NAB), Australia&#39;s biggest bank, is gauging buyer interest for its struggling Irish banks, signalling that it is prepared to exit part of its European market.
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Danske Bank A/S, the Nordic region&#39;s second-largest lender, agreed to buy two Irish units from National Australia Bank Ltd. for 967 million pounds ($1.86 billion) in its first major purchase outside of Scandinavia.