Crunch Time: Banks are noted for taking big risks so it comes as a surprise that none of the Australian major has climbed aboard the well performing

Article Abstract:

It is a common practice when one bank embarks on a new strategy, other banks react in synch, and even then they take a long time to undertake general insurance. If the competitors get to know that one of its rivals have taken a plunge into general insurance it would follow suit, but it can be seen that general insurance can pay dividends if the right asset is bought at the right price.

Management dynamics, Asset & Risk Management, Management, Risk management, Comparative analysis, Company business management

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An offer they can't refuse

Article Abstract:

National Australia Bank is one of those who want to snatch the wealth management business of AMP. Chief executive of AMP, Andrew Mohl has assured the staff against this citing the example of St. George but the situation is not to be compared with St. George and Mohl who may have no choice but to recommend their shareholders to accept the best outside offer and sell off AMP.

National Australia Bank Ltd.

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Split definitive

Article Abstract:

Australian company AMP Risked billions of dollars in business with Britain, due to mis- calculations about assets and liabilities, making it's split inevitable. AMP's UK business is alleged to have come to an end, while it's Australian business has fighting chance of survival.

United Kingdom

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