Basket case

Article Abstract:

The fact that AMP has not disclosed any information about its demerger to its investors, they are confused as to what do next but it is suggested that shareholders must be well-informed about their investments. It is expected that in the year 2003, Howard Davies, chairman of the United Kingdom's Financial Services Authority, will approve the demerger of AMP Ltd. and its financially stressed UK life company subsidiaries.

Management dynamics, INSURANCE CARRIERS, Management, Insurance industry, Powers and duties, Company business management, United Kingdom. Financial Services Authority, AMP

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Home run

Article Abstract:

The margins of the profit graph of banks in Australia are soaring high up mainly due to residential properties. The bankers are full aware of the fact that this would not go for long and have taken needed precautions like creating 'loan-to-valuation' lending criteria and mortgage insurance for borrowers who have less than 20% equity.

Commercial Banks, Commodity & service prices, Services information, Banking industry, Services, Prices and rates, Bank loans, Company pricing policy, Residential real estate

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