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Why did AMP shares drop more than the ASX 200 in May?

The AMP Ltd (ASX: AMP) share price declined further than the S&P/ASX 200 Index (ASX: XJO) in May. What happened?

Australia s AMP Names Blair Vernon as CFO, Dissolves Local Wealth Management Arm

Australia s AMP Names Blair Vernon as CFO, Dissolves Local Wealth Management Arm
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LIVE: ASX poised for debt ceiling relief rally

Australian shares are up 1pc on US debt ceiling deal; AMP to dissolve Australian Wealth Management structure; ALS full-year profit climbs; ASIC revokes Humm BNPL stop order. Follow updates here.

AMP names Blair Vernon as CFO, dissolves Australian wealth management structure

(Reuters) - Australia's AMP said on Monday Blair Vernon will take over from Peter Fredricson as its chief financial officer and will dissolve the

AMP scraps wealth management CEO role

Scott Hartley is to depart AMP as the firm scraps his CEO of Australian wealth management role while CFO Peter Fredricson will depart after less than a year in the position.

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