re: brw daily...amp
A horror story, this article indicating that AMP might sell off the family jewels before the carcass is consumed by a bank.
Interesting to speculate why any bank, even the NAB, would follow the CBA etc in buying a wealth management outfit (even one as bombed out as the AMP would by then be) if international equities have only just indeed entered a multi year bear market.
At least they wouldn't be buying at the top like the CBA did but bottom picking has its problems to.