Prudential Financial Inc news

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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.
How Canada can protect itself from financial contagion
But we must not rest on our laurels; we can do more to protect ourselves from financial contagion. Future potential financial crises will undoubtedly have different antecedents than the last one, and a so-called macro-prudential policy framework ...
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 ...
American Narcos: The Real 'Masters of Paradise'
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 share of that firm's $532.1 billion in assets. Following this coup, the bank ...
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
Lata Reddy named vice president of Corporate Social Responsibility at ...
NEWARK, N.J.--(BUSINESS WIRE)--Lata N. Reddy has rejoined Prudential Financial (NYSE: PRU) as vice president, Corporate Social Responsibility, and has been named president of The Prudential Foundation. In these roles, she is responsible for the ...
GM Seen Fueling Pension Deals as Employers Face Greece-Sized Gap
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.
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 ...
Prudential Names Sullivan to Lead Disability Unit Rebound  Bloomberg
Prudential Group Insurance Promotes Andrew Sullivan As Senior Vice President  RTT News
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 ...
Prudential Names Henriksson to Oversee $83 Billion at QMA
Prudential Financial Inc., the second-largest U.S. life insurer, named Roy Henriksson chief investment officer of Quantitative Management Associates, the unit that oversees $83 billion for clients including pension funds and endowments.