Exiled Hong Kong activist: HSBC ‘short-sighted’ for lobbying Sunak to ease China crackdown May 13, 2024 A leading Hong Kong pro-democracy activist has called major firms like HSBC and Standard Chartered "short-sighted" for lobbying the UK government to ease its planned clampdowns on China.
Growth markets India and Thailand help Prudential keep up the momentum April 30, 2024 Prudential said these figures reflected the group's "strong momentum" despite strong comparators in the same period last year.
Prudential hikes dividend thanks to profit growth following ‘relentless focus’ on new strategy March 20, 2024 The Asia-focused insurer announced a second dividend of 14.21 cents per share, making a full year dividend of 20.47 cents.
Prudential: Hong Kong drives new business profits up 37 per cent as Asia strategy credited November 6, 2023 Insurance giant Prudential’s new business profit rose to ($2,14bn) £1.7bn in third quarter, which was a 37 per cent increase on the same period for 2022 as the firm credits its new strategy. Prudential said its Hong Kong arm led the surge, but it also increased sales to both Chinese mainland visitors and domestic customers [...]
St James’s Place calls in ex Prudential boss as its new chief executive September 13, 2023 London wealth manager St James’s Place has appointed the former boss of insurance giant Prudential as its new chief executive today as veteran Andrew Croft prepares to step down later this year.
Prudential shares bounce as chief lays out new Asia push August 30, 2023 Prudential announced a fresh growth push into Asia and Africa today as it laid out a hefty warning missive to investors over the slowing global economy.
New man from the Pru to lay out Asia-focussed growth plan August 27, 2023 Prudential is set to unveil its latest trading performance next week as shareholders hope for a revival under its new boss.
Prudential’s CFO leaves after ‘falling short of standards’ but insurer gives few details May 31, 2023 Prudential Plc said on Wednesday its chief financial officer, James Turner, would leave the company after a code of conduct investigation into a recent recruitment showed he had fallen short of its standards. Turner, who has been with the Asia-focused company for 12 years before resigning, will stay on for four months to support a transition [...]
Prudential: Insurance giant vows to stay listed on London stock exchange after posting uptick in profits on pivot to Asia March 15, 2023 Prudential today confirmed it intends to remain listed in the City following speculation the 175-year-old insurer had plans to switch the the London Stock Exchange for New York. A spokesperson for the insurance giant today confirmed to City A.M. the firm has “no plans” to exit the London Stock Exchange. It comes after Prudential today [...]
Prudential: New CEO gears up for first day at insurance giant February 23, 2023 Anil Wadhwani is to start his role as chief executive of Prudential on Saturday 25 February, the company has announced As previously announced in May 2022, Anil Wadhwani will join Prudential as chief executive. He will present 2022 Full Year Results on 15 March 2023 and will begin meeting with investors and stakeholders thereafter. Mark FitzPatrick, chief executive since 1 [...]