5 July 2001
AMP may restructure some of its British direct financial services joint ventures with Sir Richard Branson's Virgin group in the wake of Tuesday's deal to buy a UK Internet financial services company. While AMP has been heartened by the recent performance of the Virgin ventures, with the centrepiece Virgin Direct turning a small profit of about #100,000 ($272,000) in calendar 2000, it may quit the direct mortgages venture, Virgin One... read full story
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