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Search ResultsShowing 1 - 10 of 85 results for "AMP Bank"
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 ...
AMP Bank boss exits
KARREN VERGARA  |  THURSDAY, 21 JAN 2021
The managing director of AMP Bank has left after a little over one year in the role. Rod Finch, who was appointed to the post in November 2019 shortly after AMP chief Francesco De Ferrari stepped in, has accepted a role as transformation director at ...
Key AMP executive resigns
KARREN VERGARA  |  TUESDAY, 15 DEC 2020
The head of SuperConcepts and AMP Australia's managing director of superannuation, retirement and platforms is leaving the organisation, parent company AMP has confirmed. Lara Bourguignon is the managing director of superannuation, retirement and ...
Bumpy quarter for AMP
KARREN VERGARA  |  THURSDAY, 22 OCT 2020
... management arm on the other hand saw AUM marginally increase to $11.8 billion. Net cash outflows stood at $13 million. AMP Bank recorded a $52 million inflow, bringing deposits to $17 billion, which offset lower retail deposits. Wealth management platform ...
Ratings deteriorate at AMP
ALLY SELBY  |  FRIDAY, 2 OCT 2020
... wealth management giant. The ratings house lowered its ratings on AMP Group Holdings, AMP Group Finance Services and AMP Bank from A3 to Baa2. However, it shifted its outlook of the group from review for downgrade to stable. AMP responded to the downgrade ...
S&P downgrades AMP
ELIZABETH MCARTHUR  |  TUESDAY, 8 SEP 2020
... Group have been hit with a credit downgrade from S&P. S&P downgraded AMP Limited and AMP Group Holdings from BBB to BBB-. AMP Bank also got a downgrade, from BBB+ to BBB. However, the outlook for AMP Group improved from "creditwatch with negative implications" ...
Boe Pahari steps down
ELIZA BAVIN  |  MONDAY, 24 AUG 2020
... and is a member of the remuneration, audit, nomination and risk committees. At the same time, she was appointed to the AMP Bank board and is a member of its audit and risk committees. In addition, Hazelton was appointed to the AMP Capital board in June ...
Wealth manager takes massive profit hit
ELIZA BAVIN  |  FRIDAY, 31 JUL 2020
... COVID-19. The wealth manager reported an underlying profit for all businesses, including Australian wealth management, AMP Bank, AMP Capital and New Zealand wealth management, of $140-150 million. For the same corresponding period last year, AMP posted ...
AMP hit with credit downgrade
ELIZABETH MCARTHUR  |  TUESDAY, 14 JUL 2020
... rating from BBB+ to BBB, with all AMP Group entities on CreditWatch with negative implications. The rating assigned to AMP Bank remains unchanged by S&P at BBB+. The change to the credit rating is a response to the AMP Life Limited sale which settled ...
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