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National Australia Bank reveals Clydesdale demerger plan – BBC News

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    National Australia Bank reveals Clydesdale demerger plan – BBC News

    Clydesdale Bank is to be split from its parent company and then floated, says owner National Australia Bank. The Glasgow-based lender, which includes Yorkshire Bank, is to have 70% to 80% of its shares transferred to existing shareholders of National Australia Bank (NAB). The remaining 20% to 30% of shares in a new entity, known... Read more »
    Read More -> National Australia Bank reveals Clydesdale demerger plan – BBC News


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