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Showing 51 - 60 of 113 results for "AMP Bank"

AMP board member retires

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAR 2019
... remuneration committees and as non-executive director of the AMP Life Board. More recently, Roberts was appointed to the AMP Bank Board as chair of its bank audit committee and as a member of the AMP bank risk committee. Roberts is chief financial officer ...

AMP profits nose dive, dividends hit

KANIKA SOOD  |  FRIDAY, 25 JAN 2019
... million. "This comprises around $325 million from the retained businesses (Australian wealth management, AMP Capital, AMP Bank and New Zealand wealth management and advice) and a net operating loss of around $105 million from the businesses subject to ...

AMP ditches SMSF lending

KANIKA SOOD  |  WEDNESDAY, 26 SEP 2018
AMP Bank has pulled the plug on its SMSF lending business, joining CBA and Westpac. AMP will support current SMSF home loan customers. But starting November, they will not be able to switch to interest-only or refinance their loans. This leaves Macquarie ...

AMP profits nosedive, new board director announced

KANIKA SOOD  |  WEDNESDAY, 8 AUG 2018
... earnings - a fall of 98% over the previous corresponding period. AMP Capital grew operating earnings by 2.2% to $94 million. AMP Bank saw a 20% growth, with operating earnings of $ 78 million. At the same time, AMP announced former Treasury Secretary ...

ABA appoints deputy chair

KANIKA SOOD  |  FRIDAY, 29 JUN 2018
... missed by all ABA member banks," ABA said in a statement. Before Bendigo Bank, Hirst worked with Colonial First State, AMP Bank and Westpac with 35 years' experience in retail banking, finance, financial markets, treasury and financial planning.

YBR appoints new general manager

ALEX BURKE  |  WEDNESDAY, 21 MAR 2018
... previously been head of sales and marketing at AMP. Before that, he was national sales manager, third-party distribution at AMP Bank, national sales manager at GMAC-RFC and director - wholesale at Resimac. He was also chief executive of Security Credit ...

AMP head of retail sales departs

ALEX BURKE  |  WEDNESDAY, 7 MAR 2018
... number of people are leaving the business. Joining the business, however, is Adrienne Smith as distribution director of AMP Bank. Smith is joining AMP from Bank of Queensland, where she is currently general manager BOQ Broker. She was previously NSW/ACT ...

AMP cuts fees for new wholesale fund suite

ALEX BURKE  |  THURSDAY, 15 FEB 2018
... cashflows rise 177% over the year to $931 million, which AMP said was driven by "additional revenue in advice and SMSFs." AMP Bank also saw operating earnings rise 17% to $140 million, driven by a 14% boost in residential lending to $18.9 billion. The ...

AMP considers "all alternatives" in life insurance portfolio review

ALEX BURKE  |  THURSDAY, 8 FEB 2018
... cashflows rise 177% over the year to $931 million, which AMP said was driven by "additional revenue in advice and SMSFs." AMP Bank also saw operating earnings rise 17% to $140 million, driven by a 14% boost in residential lending to $18.9 billion. The ...

Independent expert awaits bank remuneration guidelines

ALEX BURKE  |  FRIDAY, 19 JAN 2018
... McPhee was overall positive about the progress being made by the banks to enact the ABA initiatives package, he said AMP Bank, Arab Bank, HSBC, ING Direct, MyState and Qudos Bank have yet to publish their overarching principles on remuneration and incentives ...