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Prudential

Prudential 08/02/2012

22:04 : UPDATE 1-Prudential Financial profit nearly triples - Feb 8 (Reuters) - Prudential Financial Inc., the second-largest life insurer in the United States, said fourth-quarter profit nearly tripled as acquisitions expanded its business and it recorded some reserve releases.
Source : reuters-com

Prudential 06/02/2012

10:27 : Sants pledges to move away from reactive regulatory model - Financial Services Authority chief executive Hector Sants has criticised the regulator’s old reactive style and stressed that the new the ‘twin peaks’ model of the Prudential Regulation Authority and Financial Conduct Authority will ...
Source : citywire-co-uk

Prudential 03/02/2012

04:21 : Prudential reaches multi-state settlement over death benefits - Feb 2 (Reuters) - Prudential Financial, the second-largest life insurer in the United States, has reached a $17 million multi-state settlement on death benefits that resolves a controversy over unpaid insurance claims.
Source : reuters-com

Prudential 30/01/2012

16:28 : M&G High Income Investment Trust PLC : Holding(s) in Company - 30 January 2012 M&G High Income Investment Trust P.L.C. Disclosure of Interests in Shares under the Transparency Obligations Directive (Disclosure and Transparency Rules) Instrument 2006 M&G High Income Investment Trust P.L.C. (M&G HIT) announces that ...

Prudential 26/01/2012

22:13 : A minimum wage can be beneficial ... as long as it's set at the right ... - So is Tidjane Thiam right about minimum wage rules' The chief executive of the Prudential was outspoken in his criticism of minimum wage legislation at a high profile debate at the World Economic Forum in Davos.
Source : telegraph-co-uk
14:10 : Davos 2012: Prudential chief Tidjane Thiam says minimum wage is a 'machine - Tidjane Thiam, chief executive of Prudential, has branded minimum wage legislation across Europe as an "enemy" of young people and a "machine to destroy jobs".
Source : telegraph-co-uk
14:10 : Davos 2012: Prudential chief Tidjane Thiam says minimum wage is a 'machine - Tidjane Thiam, chief executive of Prudential, has branded minimum wage legislation across Europe as an "enemy" of young people and a "machine to destroy jobs".
Source : telegraph-co-uk
10:32 : Davos 2012: live - David Cameron will tell the World Economic Forum that eurozone leaders need to "stop tinkering" and "be bolder" if the debt crisis is to be averted, while Prudential boss Tidjane Thiam has claimed that the minimum wage ...
Source : telegraph-co-uk

Prudential 23/01/2012

11:53 : Prudential lifted by Asian hopes, but Kingfisher and Kesa hit by poor ... - Possible sale of ING's Asian operations puts spotlight on Pru, while confidence figures hit retailers with French presenceReports of a bid for ING's Asian businesses has put the spotlight on Prudential, which also has prime assets in ...
Source : guardian-co-uk

Prudential 22/01/2012

06:43 : Sunday Papers: Investors fight for powers to block 'rewards for failure' - A report from the Prudential said those retiring this year are banking on an average annual pension of £15,500 – £3,000 a year less than those who retired in 2008.
Source : citywire-co-uk

Prudential 13/01/2012

18:32 : Annuity rates fall: Pensions shrink by £3,000 in just four years - A report from the Prudential said those retiring this year are banking on an average annual pension of £15,500 – £3,000 a year less than those who retired in 2008.

Prudential 05/01/2012

11:27 : Life companies agree adviser charging principles - Business advisory firm Deloitte has teamed up with life companies Aegon, Friends Life, Legal & General, Prudential, Scottish Life, and IFA network Sesame to agree adviser charging principles ahead of the Retail Distribution ...
Source : citywire-co-uk

Prudential 03/01/2012

09:53 : Just Retirement recruits Keith Haggart from Prudential - Haggart will be responsible for all aspects of Just Retirement's equity release business and will lead the firm's entry into the long-term care market.

Prudential 21/12/2011

08:57 : ALEX BRUMMER: McGrath departure should prompt rethink on loyalty to chairme - Few tears will be shed over the announced departure of Harvey McGrath as chairman of the Prudential. A more pertinent question is: What took him so long.

Prudential 20/12/2011

23:23 : Wanted: new chairman of the Prudential who could be its last - Chairman of the Prudential used to be one of those pinstriped, chauffeur driven, captain of industry jobs that made the incumbent primus inter pares of capitalism's commanding heights.
Source : telegraph-co-uk
18:59 : Harvey McGrath to step down as Prudential chairman - Shareholders blamed Harvey McGrath for the failure of the AIA bid – which left the company with a bill for £377mHarvey McGrath, the chairman of British insurer Prudential, is to step down next year after becoming ...
Source : guardian-co-uk
15:29 : McGrath's timely exit from the Pru - The chairman has paid the price for last year's bungled bid for Asian insurer AIA which cost £377m in feesHarvey McGrath did well to hang on this long as chairman of the Prudential. The 22% vote against his re-election at May's annual ...
Source : guardian-co-uk
14:47 : Prudential's Harvey McGrath to quit - LONDON (Reuters) - Harvey McGrath, chairman of Prudential, is to step down next year after bearing the brunt of shareholder criticism over the group's costly failed bid for Asian rival AIA.
Source : reuters-com
14:41 : UK's Prudential chairman Harvey McGrath to quit - Harvey McGrath, chairman of British insurer Prudential, is to step down next year after bearing the brunt of shareholder criticism over the group's costly failed bid for Asian rival AIA.
Source : telegraph-co-uk
12:41 : McGrath to retire from Prudential - The chairman of Prudential, who was heavily criticised for his role in the insurance group’s attempted $35bn takeover of AIA last year, is to stand aside from the board
Source : ft-com
12:36 : MOVES-Prudential, Bank of Singapore - Dec 20 (Reuters) - The following financial service industry appointments were announced on Tuesday. To inform us of other job changes, email to moves@thomsonreuters.com.
Source : reuters-com

Prudential 12/12/2011

23:46 : ALEX BRUMMER: When Sants came marching in - Hector Sants, chief executive of the Financial Services Authority, will soon be joining the Bank of England as deputy governor responsible for the Prudential Regulatory Authority.

Prudential 06/12/2011

23:49 : UPDATE 1-Prudential to exit real estate brokerage business - DEC 6 (Reuters) - Prudential Financial Inc said it will sell its real estate brokerage and relocation services business to an affiliate of Canada's Brookfield Asset Management for about $110 million.
Source : reuters-com
12:50 : Prudential Plc seeks NAMA loan finance deal - THE giant UK insurer Prudential Plc is believed to be among a group of companies which have applied to avail of NAMA's first vendor finance deal in Dublin.
Source : independent-ie

Prudential 05/12/2011

11:59 : Nama sale attracts bids from six firms - The first property sale by the National Asset Management Agency that it is helping finance has attracted bids from six companies including Atlas Capital Group and Prudential, a person familiar with the matter said.
Source : irishtimes-com

Prudential 08/11/2011

23:12 : Insurance giant Prudential 'saw euro crisis coming' back in 2009 - Prudential boasted it had avoided the European financial crisis with only £49m tied up in the debts of the worst affected countries. The group said it had minimised its holdings in Portugal, Ireland, Italy, ...
16:09 : Prudential reassures over capital reserves as Asia leads strong profits ... - Shares in the UK's biggest insurer Prudential rose today as it reassured customers and investors it could withstand significant shocks from the markets despite its protective cash cushion shrinking over the year.
10:41 : Prudential UK sales edge up after bonds and corporate pension boost - Prudential has reported a marginal increase in sales to £569 million in the nine months to the end of September, a 4% rise on the same period in 2010, as strong sales of corporate pensions, onshore bonds and unit-linked bonds were offset ...
Source : citywire-co-uk

Prudential 03/11/2011

10:06 : HIGHLIGHTS BoE's King in UK parliament hearing on regulation - LONDON, Nov 3 (Reuters) - Comments from Bank of England Governor Mervyn King, Deputy Governor Paul Tucker and Andrew Bailey, Deputy Chief Executive designate of the Prudential Regulation Authority ...
Source : reuters-com
09:18 : Standard and Pru pilot pension transfer hub - Standard Life and Prudential are piloting an execution-only service that could solve the small pot pension problem by allowing savers to consolidate pensions when they switch employer.
Source : citywire-co-uk
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