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Friday, May 11, 2018

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

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


from Reuters: Business News https://ift.tt/2jN9bnO

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