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Showing 21 - 30 of 49 results for "UK operations"

AMP Capital Investors returns to favour

Less than a year after dropping the Henderson tag, and 12 months after the demerger from its ill-fated UK operations, AMP Capital Investors saw external inflows of $2.2 billion in the 12 months to end December 2004. This morning AMP announced a consolidated ...

NAB confirms UK commitment despite expected loss

National Australia Bank yesterday issued a profit warning on its UK operations but confirmed its commitment to the market amid speculation following the sale of its Irish banks - National Irish Bank and Northern Bank. "Following an extensive review ...

Insurers expected to report big profits this week

AAP  |  TUESDAY, 17 AUG 2004
... from the $132 million it reported in 2003. Recovering life insurer AMP, no longer weighed down by its hived-off UK operations, is expected to book a first half net profit of $332 million and the market will be keen to see how far its recent cost savings ...

S&P revises ratings on AMP subsidiaries

AAP  |  TUESDAY, 29 JUN 2004
... financial structure and quality of capital of the AMP Ltd group following the demerger of its poorly performing UK operations, and material reduction in debt and hybrid securities," S&P said.

HHG says Pat Handley resigns from board

AAP  |  MONDAY, 24 MAY 2004
... resigned from the board. The resignation follows his retirement from the board of AMP on 20 May. HHG is the spun-off UK operations of AMP which was floated late last year.

AMP shares rally on strong buyback response, debt paydown

AAP  |  WEDNESDAY, 21 APR 2004
... debt to $2.2 billion, almost half the $4.3 billion it owed at the time of its highly publicised demerger from its UK operations in December last year.

New NAB boss has own suspicions about rogue trading scandal

... Cicutto stepped down last Monday after 37 years with the bank. The 53-year-old Scotsman, who was the head of NAB's UK operations, said Mr Cicutto's resignation was in the best interests of the bank. The trading scandal has put the bank's risk management ...

AMP to offer $585 million shortfall from rights issue

AAP  |  TUESDAY, 16 DEC 2003
... vote and in the Rights Offer. "With the demerger now effective and AMP shares soon to trade independently of the UK operations, we are totally focused on driving our local business hard to improve shareholder returns." The institutional bookbuild will ...

NAB boss says UK operations in good shape

AAP  |  FRIDAY, 28 NOV 2003
... saying they are still well positioned for growth. Mr Cicutto said there had been "a lot of noise and debate about our UK operations". However, "regardless of this, their worth is considerable." He said NAB's UK businesses had produced a return on investment ...

ANZ raises $3.4 billion in rights issue, bookbuild for shortfall

AAP  |  THURSDAY, 27 NOV 2003
... billion. As well as the purchase price, Lloyds, which has been shedding its offshore assets as it moves to revive its UK operations, will receive a $502 million dividend from NBNZ before the deal is completed. "We expect financial completion with Lloyds ...