National Australia Bank's Restructuring to Impact Over 120 Employees, Says Finance Sector Union

MT Newswires Live

02/12

National Australia Bank's (ASX:NAB) restructuring across its units will impact over 120 employees, according to a Thursday statement by the Finance Sector Union.

The changes will be implemented within the bank's personal bank capability and lending solutions teams, the union said, adding that employees have been notified this week.

The bank did not immediately respond to MT Newswires' request for comment.

Shares of the bank rose nearly 6% in recent Thursday trade and earlier hit a record high.

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