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Showing 11 - 20 of 102 results for "AMP Bank"

AMP offloads remainder of Collimate Capital

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
... 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 ...

AMP reports $252m loss

KARREN VERGARA  |  THURSDAY, 10 FEB 2022
... 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 ...

AMP continues to lose ESG investors

KARREN VERGARA  |  MONDAY, 8 NOV 2021
... 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 reports mixed quarter

JAMIE WILLIAMSON  |  THURSDAY, 21 OCT 2021
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 ...

AMP tweaks executive lineup

JAMIE WILLIAMSON  |  FRIDAY, 3 SEP 2021
... 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 ...

AMP flags recovery, profit jumps

KARREN VERGARA  |  THURSDAY, 12 AUG 2021
... 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 hires in support of advisers, brokers

ELIZABETH MCARTHUR  |  TUESDAY, 3 AUG 2021
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 ...

AMP Australia announces new leadership team

KANIKA SOOD  |  TUESDAY, 11 MAY 2021
... 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 ...

AMP announces AMP Bank lead

JAMIE WILLIAMSON  |  FRIDAY, 7 MAY 2021
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 ...

MLC Life makes key appointments

ELIZABETH MCARTHUR  |  MONDAY, 19 APR 2021
... 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 ...