
The Australian banking sector has just taken a beating and NAB (ASX: NAB) stole the spotlight for all the wrong reasons, plunging over 8 per cent to a six-month low after delivering a first-quarter earnings report that fell flat. But it wasn’t just NAB—Westpac (ASX: WBC) and ANZ (ASX: ANZ) dropped in sympathy, despite not even reporting yet, while Commonwealth Bank (ASX: CBA) ...