Wealth management firm AMP has released its half-year results with a net loss of $2.3 billion. CEO Francesco De Ferrari said on Thursday “2019 is the year of transition as we fundamentally reset and de-risk the business". "The first half result reflects the challenges we faced and the actions to address them," he said. AMP was one of the worst performers in the Banking Royal Commission. Image: News Corp Australia
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Wednesday, August 7, 2019
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