Prudential PLC (PRU.L)
19 Jul 2019
July 3 Britain's biggest insurer Prudential Plc said on Wednesday that investments in M&GPrudential was on track to deliver an annual cost savings of about 145 million pounds ($182.22 million) by 2022.
** Prudential Plc's valuation capped at 10% upside on either sum-of-parts or cash flow basis, JP Morgan writes in a note
BANGKOK Thailand's Siam Commercial Bank Pcl (SCB) has entered into exclusive talks with Hong Kong-based insurer FWD Group for the sale of its life insurance business, nearly two years after previous talks broke off.
* Talks between the two failed in 2017 over valuation - sources
* Dividend up 5 pct to 49.35 pence, below forecast (Recasts with comments from media call, adds analyst, updates shares)
LONDON, Jan 31 Embattled British lender Metro Bank said the Prudential Regulation Authority had identified "potential inconsistencies" in the risk weighting of some of its loans, prompting an internal review that later led to a massive fall in its capital.