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UPDATE 3-Australia's AMP hires ANZ's Alexis George as CEO in drive to break with troubled past


UPDATE 3-Australia s AMP hires ANZ s Alexis George as CEO in drive to break with troubled past
10 Apr 2021 / 08:59 H.
(Recasts throughout with background, adds analyst comment)
April 1 (Reuters) - Embattled Australian wealth manager AMP Ltd on Thursday named Australia and New Zealand Banking Group deputy chief Alexis George as its new chief executive officer, saying Francesco De Ferrari would retire from the role.
The move comes just days after AMP firmly rejected a media report that De Ferrari had resigned. It was welcomed by analysts and investors as a signal of a new willingness by AMP to distance itself from a three-year period marked by corporate culture questions and scathing regulatory criticism that saw it lose three-quarters of its market value. ....

United States , New Zealand , New South Wales , Rashmi Ashok , Debra Hazelton , Alexis George , Paulina Duran , Krishna Chandra Eluri , Kenneth Maxwell , Zealand Banking Group , Ltd On , Credit Suisse , New Zealand Banking Group , Francesco De Ferrari , Shaun Ler , Ares Management , ஒன்றுபட்டது மாநிலங்களில் , புதியது ஜீலாந்து , புதியது தெற்கு வேல்ஸ் , ரஷ்மி அசோக் , டெப்ரா ஹேசல்டன் , அலெக்சிஸ் ஜார்ஜ் , பலீந துரான் , கெநெத் மேக்ஸ்வெல் , ஜீலாந்து வங்கி குழு , லிமிடெட் ஆன் ,

Zip Co share price surge sparks ASX speeding ticket as valuation soars


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A surge in Zip Co shares has prompted a price query from the ASX over the massive increase in trading in the stock, as market observers debate the soaring valuations in the booming buy now, pay later sector.
Zip shares gained as much as 14.8 per cent on Tuesday and have now more than doubled since mid-January, as investors pile into the rival to market darling Afterpay. Zip shares closed up 9.5 per cent to $13.92.
Zip Co co-founder, Peter Gray.
Credit:Louie Douvis
On Tuesday’s market valuation of about $7.5 billion, Zip’s value on paper was higher than some of the country’s best-known companies, including JB Hi-Fi, AGL Energy, Crown Resorts, and this masthead’s owner, Nine Entertainment. ....

United States , Peter Gray , Anton Tagliaferro , Matthew Wilson , Ron Sharma , Shaun Ler , Tamim Asset Management Ron Sharma , Investors Mutual , ஒன்றுபட்டது மாநிலங்களில் , பீட்டர் சாம்பல் , மேத்யூ வில்சன் , ரோன் ஷர்மா , ஷான் லேர் , தமீம் சொத்து மேலாண்மை ரோன் ஷர்மா , முதலீட்டாளர்கள் பரஸ்பர ,