Power shifts to De Ferrari in AMP implosion
David Murray has fallen on his sword to protect his appointed chief executive in a classic old school response to a governance nightmare.
David Murray has fallen on his sword to protect his appointed chief executive in a classic old school response to a governance nightmare.
Given the damage inflicted by the pandemic you’d expect investors to be cautious, if not downright bearish, not euphoric.
The AMP Capital Wholesale Office Fund has withdrawn its $300m-plus bond issue from the market.
‘As my mum would say, she is a credit to us,’ says pop singer-songwriter Megan Washington of former prime minister Julia Gillard.
AMP is now said to be restricting access to the investigation report by only allowing Ms Szlakowski to see it under supervision, and forbidding the taking of notes.
Gains evaporated on Friday as banks and CSL fell, sending the ASX to a 0.2pc weekly loss, while early earnings have been resilient despite the pandemic pessimism.
It’s natural to play safe in a crisis but boards need to keep focused on getting the mix right.
For decades AMP’s business has been persuading people that they’re getting financial advice when in fact they’re not.
The benchmark S&P/ASX200 Index closed within the narrow range it has been stuck in all week, not once piercing the key 6200 point mark.
Growing shareholder revolt over AMP’s handling of a now high-profile sexual harassment incident threatens to lead to an extraordinary meeting being called.
A number of players are still believed to be running the ruler over companies in the financial services space.
AMP is doubling down on its position to only release the final investigation into sexual harassment by executive Boe Pahari.
Australia’s major radio station owners have reported a big drop in earnings but are seeing signs of improvement in ad spending.
Tech giants should operate under normal business rules.
AMP is locked in a battle with sexual harassment complainant Julia Szlakowski.
S&P 500 record caps a remarkable rebound fuelled by stimulus and optimism about the world’s ability to manage the pandemic.
Board ‘appears to be tone deaf’ to the cultural issues at play, say shareholders.
BaptistCare NSW & ACT underpaid 2146 workers in front line caring roles almost $1.3 million over six years.
The position of AMP Capital boss Boe Pahari is now untenable in the wake of public revelations of sexual harassment.
Superannuation funds say a top AMP executive’s position is untenable after a sexual harassment complaint lodged against him was made public.
Original URL: https://www.theaustralian.com.au/topics/amp-limited/page/11