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NAB Private continues with restructuring, sheds PB roles

National Australia Bank (NAB) is restructuring its private bank arm by shedding 20 private bankers positions and segmenting clients by the revenue it generates off them according to media reports. The Australian Financial Review said that the affected NAB bankers will either be made redundant, redeployed or will need to apply for 27 newly created roles. However, it has not been…

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