Business
Francesco De Ferrari gave AMP his best shot – The Australian Financial Review
The likely departure of Francesco De Ferrari as chief executive of AMP is a blow to its shareholders because it removes a leader who thought creatively about the…
Not everyone agrees with Chanticleers assessment of the AMP Capital deal. There are some shareholders who have criticised the loss of control of the highest-growth business.
The dismantling of AMPs conglomerate structure left De Ferrari with three key assets AMP Bank, the Australian superannuation and managed funds business, and financial advice.
AMP Bank is too small to make any difference to AMPs future and should be sold whether De Ferrari leaves the company or not.
Profits from the Australian…
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