Prudential Financial Inc news

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Prudential Financial hosts NextGen Network's newest class of members
NEWARK, N.J.--(BUSINESS WIRE)--Last month, Prudential Financial, Inc. (NYSE: PRU) hosted an orientation meeting to welcome 39 new members of the NextGen Network, an organization of African American leaders in business and the community.
Santander and Prudential Capital Group jointly structure financing for ...
NEW YORK & CHICAGO--(BUSINESS WIRE)--Santander, through its U.S. subsidiary Sovereign Bank, N.A., together with Prudential Capital Group, an investment business of Prudential Financial, Inc. (NYSE: PRU), have jointly structured and closed a $444 ...
Prudential Taps Sleyster to Manage $330 Billion Portfolio
Prudential Financial Inc., the second-largest U.S. life insurer, named Scott Sleyster to the new position of chief investment officer, where he will be responsible for about $330 billion in assets.
Prudential Group Insurance Names Andrew Sullivan to Head its Disability Business
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Group Insurance, a business of Prudential Financial, Inc. (NYSE: PRU), appointed Andrew Sullivan, who currently oversees its Small Market Business segment, to lead its disability business, effective ...
GM Cutting Pension Obligations by $26 Billion on Buyouts
General Motors Co., the largest U.S. automaker, said it aims to cut its pension obligation by almost a fifth by offering lump-sum payments to about 42,000 salaried retirees and shifting plans to a Prudential Financial Inc. unit. The moves, which follow ...
GM Acts to Pare Pension Liability  Wall Street Journal
GM to cut about one-fourth of US pension liability  Reuters
Prudential Names Henriksson to Oversee $83 Billion at QMA
“Roy, whose research has informed our own processes over the years, brings deep knowledge and experience with finance theory, equity investing, asset allocation, and risk management,” Scott Hayward, chief executive officer of QMA, said in the statement.
GM Seen Fueling Pension Deals as Employers Face Shortfall
General Motors Co.'s deal to cut pension obligations by $26 billion and shift plans to Prudential Financial Inc. is poised to fuel more transfers as U.S.
BNY Mellon Settles With Prudential Over $28M In Forex Trades
Law360, New York (June 19, 2012, 2:39 PM EDT) -- The Bank of New York Mellon Corp. has agreed to repay more than half of $28 million generated by the bank in foreign exchange transactions with Prudential Financial Inc.'s money, after Prudential ...
GM Pension Shift Misses Investment-Grade Mark: Corporate Finance
While transferring some retirement obligations to a Prudential Finance Inc. unit will remove liabilities from Detroit-based GM's books, the use of as much as $4.5 billion of its own cash “will balance out” the benefits, Moody's Investors Service said ...
Stern Advice: Are GM-like pension offers a good deal?  Reuters
American Narcos: The Real 'Masters of Paradise'
Prior to the takeover, Wachovia had embarked on a veritable shopping spree. After the firm's 2001 merger with First Union Bank, Wachovia merged with the Prudential Securities division of Prudential Financial, Inc., with Wachovia controlling the lion's ...