National Australia Bank (NAB)

NAS Joins Calastone's Australian Network

National Australia Bank Asset Servicing (NAS) has joined Calastone's fund transaction network, the vendor has announced, bringing its share of Australian fund managers operating on its network to 40 percent.

Preparing for M&A

While banks all over the world were faced with plummeting profits and drastic cost-cutting activities following the start of the financial crisis, banks down under led a life of their own. Australian banks have remained strong through turbulent market…