Why hasn't there been any neg stories or leaks last couple months.
Westpac Banking Corp will kick off the sale of its Panorama wealth platform at the end of February, according to its senior executive in charge of selling assets, Jason Yetton, who confirmed August’s shock outage was caused by a one-off issue and pledged to keep investing in the system given it may be 18 months before any deal is completed.
KKR-backed Colonial First State and AMP are likely to be among parties interested in Panorama, which has $105 billion of funds under administration and is used by 6000 advisers, but was beset by messaging problems in August as billions were rolled onto it from legacy BT systems.
AMP | OBSERVATIONS, page-112
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$1.13 |
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Mkt cap ! $2.921B | |||
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
|---|---|---|
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