May

Australia’s AMP at risk of hemorrhaging wealth clients: Macquarie

SYDNEY (Reuters) – AMP Ltd (AMP.AX) could see A$35 billion in investor outflows due to the hit to its reputation from board-level misconduct, analysts at Macquarie Group Ltd (MQA.AX) said on Friday, sending shares in the Australian wealth manager to a seven-year low…

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Australia’s AMP at risk of hemorrhaging wealth clients: Macquarie

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