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| | Despite a $2.5 billion shortfall and losing 444 advisers, AMP's board has approved an 80% increase to chief executive Francesco De Ferrari's remuneration. It has also announced the resignation of its chief risk officer. The country's largest wealth ... |
| | | James Georgeson has been appointed to the position on a permanent basis, effective 3 February 2020. Georgeson was appointed acting chief financial officer after Moorhead decided not to take on the role from outgoing chief financial officer Gordon Lefevre. ... |
| | | ... sovereigns, semi-government, agencies and supra-nationals in the core G7 defined countries − Canada, US (North America), France, Germany, Italy (Europe ex-UK Core), UK and Japan, as well as satellite countries. |
| | | ... activism decreased overall during 2019, driven by 10 fewer campaigns in the UK. The report notes that activity expanded across France, Germany and Switzerland. Activists continue to have a strong influence on boards, with 122 board seats won by activists ... |
| | | Francesco De Ferrari's long touted shake-up of AMP's wealth management business is starting to take shape, with the firm just months away from culling a superannuation trustee and five super funds. Responding to a question on notice from its November ... |
| | | ... currency depreciation being a result of the economic crises in their economies and not currency manipulation but China and France have the firepower to engage the Grinch who is stealing Christmas. The point is contrary to the RBA's view that the ... |
| | | AMP Limited has announced it is combining its Australian wealth management business with banking into a new entity named AMP Australia, and has shuffled its C-suite lineup. AMP chief executive Francesco De Ferrari said the integration of the wealth ... |
| | | ... countries. He is correctamondo! Australia's June quarter growth of 0.5% tops those of the G7 countries: Canada (0.9%); (France (0.3%); Germany (-0.1%); Italy (0%); Japan (0.4%); UK (--0.2%); and level pegging with the US (0.5% -- annualised quarterly ... |
| | | AMP advisers planning to exercise their Buyer of Last Resort (BOLR) arrangements look set to have their business valuations slashed as part of the institution's new strategy. AMP chief executive Francesco De Ferrari said the group will look to recalculate ... |
| | | Reporting a 50% drop in wealth management profits, AMP conceded chief executive Francesco De Ferrari's remuneration will have to be reconsidered in light of share price tumbles. The group reported an underlying profit of $309 million for the first half ... |
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