National Australia Bank said on Friday it plans to set up a unit in Paris that w...
FILE PHOTO: The National Australia Bank Logo is seen on a branch in central Sydney, Australia, February 8, 2018. REUTERS/Daniel Munoz/File Photo
The move by Australia’s No. 3 lender follows similar decisions by other financial firms to create new hubs in the European Union due to Brexit. It would be NAB’s first base in continental Europe. It has operations in Britain whose services span foreign exchange to project financing.
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