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Showing 3861 - 3870 of 4173 results for amp

Mohl defends AMP retention payments

AAP  |  FRIDAY, 24 OCT 2003
AMP Ltd chief executive Andrew Mohl today defended the $38 million worth of retention payments the group is handing out to keep key staff once its demerger is complete. The issue was a hot topic at briefings Mr Mohl hosted for institutional investors ...

AFA endorses policy on transfer of clients

... the AFA. The first is where the adviser and dealer have a written agreement to the same effect, although it is believed the AMP is the only dealer network to currently operate under such arrangements. Alternatively, the client must sign a letter signifying ...

ACCC denies NAB proposal to takeover AMP

... denied reports that it has been approached by National Australia Bank (NAB) to take over troubled financial services group AMP Limited. "Contrary to media reports this morning, the ACCC has not had recent contact with NAB in relation to this matter," ...

Afternoon market wrap: Australian shares close at new highs

... to $28.01 and ANZ gained six cents to $18.26. Westpac dipped three cents to $16.53. Among other financial services stocks, AMP fell three cents to $6.65 after the competition watchdog rejected reports that it had held talks with National Australia Bank ...

NAB confirms discussions with ACCC over AMP takeover

AAP  |  TUESDAY, 21 OCT 2003
... Australia Bank Ltd has reportedly held preliminary discussions with the national competition watchdog regarding a takeover of AMP Ltd and believes it could be allowed to proceed. NAB chief executive Frank Cicutto told the Australian Financial Review ...

Afternoon market wrap: Shares end slightly lower

... major US markets. The All Ordinaries index ended the day at 3301.4, less than one point down on last night's local close. AMP was trading 9c higher at $6.86, following the long-awaited release of the company's explanatory memorandum and upward revisions ...

AMP releases demerger plan

AAP  |  FRIDAY, 17 OCT 2003
Troubled financial services group AMP Ltd yesterday forecast higher profits as it received the all clear to release a hefty document outlining its demerger plan. In the 629-page explanatory memorandum, AMP predicted its Australian operations will lift ...

AXA says NAB-AMP entity a "threat, but also an opportunity"

AAP  |  THURSDAY, 16 OCT 2003
AXA Asia Pacific Holdings chief executive Les Owen said today a National Australia Bank Ltd takeover of AMP Ltd would be considered a "threat but also an opportunity" for his financial services company. "A threat because simply a merged NAB-AMP would ...

AMP halts securities trading, announces profit expectation

Late last night, AMP Ltd announced its intention to request a trading halt today, for its securities from the Australian Stock Exchange (ASX) and New Zealand Stock Exchange (NZX). AMP's Explanatory Memorandum (EM) is currently being reviewed by the ...

NAB quiet on AMP plans

AAP  |  WEDNESDAY, 15 OCT 2003
National Australia Bank Ltd chief executive Frank Cicutto was keeping his plans for potential takeover target AMP Ltd a secret today, refusing to reveal to New York fund managers and the media his bank's next move. Mr Cicutto re-confirmed NAB was not ...