National Australia Bank
(ASX:NAB) chief Cameron Clyne has stared down critics of the companies struggling UK operations, vowing to stay the course.
The bank has suffered heavy losses on its Yorkshire and Clydesdale businesses, and attracted calls to completely abort its UK venture, along the way.
Mr Clyne has ruled out an asset sell-off, at fire sale prices, instead pointing to encouraging signs of growth in retail operations, in the north of England.
National Australia Bank last reported a $4.08 bilion net profit to September 30
th.
