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| | ... businesses' clients and the talented teams transferring with them will benefit," she said. AMP will now focus on growing AMP Bank and its wealth management businesses, she added. Meanwhile, AMP chief executive Alexis George said: "In DigitalBridge and ... |
| | | ... its full-year financial performance. Underlying net profit after tax, however, was up 53% to $356 million, boosted by AMP Bank earnings and the release of provisions, together with performance fees earned by AMP Capital. AMP's Australian wealth management ... |
| | | ... Moody's dropped its ratings on AMP Group Holdings and AMP Group Finance Services from Baa2 to Baa3. The rating assigned to AMP Bank by Moody's remains unchanged at Baa2. Further, Moody's outlook for the AMP group and AMP Bank has been downgraded ... |
| | | AMP's wealth management business saw $1.4 billion in outflows last quarter and AMP Capital's assets dropped by $7 billion; however, its North platform swelled by $1.7 billion. Providing a quarterly update to the ASX this morning, AMP said improved ... |
| | | ... last year, having previously been Perpetual's group executive, people and culture for about seven years. Elsewhere, AMP Bank managing director Sean O'Malley has been elevated to the executive committee. Taking the title of group executive, AMP ... |
| | | ... months to June, the group's underlying net profit after tax hit $181 million, buoyed by strong performances from AMP Bank and its stakes in Resolution Life and the China Pension Life Company. In the pre-Hayne Royal Commission days, AMP boasted a ... |
| | | AMP Bank has appointed Paul Herbert as head of intermediary distribution and governance. The appointment is aimed at bolstering distribution and governance support for AMP's brokers and financial advisers. Herbert was previously head of lending distribution ... |
| | | ... Ilaine Anderson as director, super and retirement, permanent appointment of Sean O'Malley as managing director for AMP Bank. Also joining the leadership team is director, platforms Edwina Maloney and chief technology officer James Kent. The extended ... |
| | | The new managing director of AMP Bank has been named. Sean O'Malley has been permanently appointed to the role, having acted in the role since February when Rod Finch departed. Finch only held the role for just over a year. O'Malley has been ... |
| | | ... executive role in 2020. Prior to this, Mamelok had a 14-year career with AMP, including as chief financial officer for AMP Bank. She continues to be a non-executive committee member for AMP Capital. Meanwhile, Robert Baillie has been appointed general ... |
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