United States

Prudential Financial Inc (PFK)

PFK on New York Consolidated

19 Jan 2017
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Mon, Dec 12 2016


Prudential stops distribution of policy sold through Wells Fargo

U.S. insurer Prudential Financial Inc said on Monday it had suspended the distribution of a low-cost life insurance policy through Wells Fargo & Co , pending a review of how the product was sold by the bank.

Exclusive: California to probe sale of Prudential insurance through Wells Fargo

NEW YORK The state of California has ordered an investigation into allegations Wells Fargo retail bankers signed up customers for life insurance policies from Prudential Financial without their permission.

Prudential investigating Wells Fargo partnership after scandal

NEW YORK U.S. insurer Prudential Financial is investigating whether Wells Fargo employees signed up customers for its life insurance policies without their knowledge, a spokesman said on Saturday.

Fitch Upgrades Prudential Financial, Inc.'s Ratings

(The following statement was released by the rating agency) CHICAGO, November 15 (Fitch) Fitch Ratings has upgraded Prudential Financial, Inc.'s (PFI) Issuer Default Rating (IDR) and senior debt ratings to 'A' and 'A-', with a Stable Outlook, respectively, from 'A-' and 'BBB+'. In addition, Fitch has upgraded the Insurer Financial Strength (IFS) rating assigned to Prudential Insurance Company of America and certain other affiliated insurance companies to 'AA-' from 'A+', with a Negative Out

BRIEF-Prudential Financial reports Q3 adjusted oper earnings per share $2.66

* Prudential Financial Inc - assets under management amounted to $1.314 trillion at september 30, 2016, compared to $1.184 trillion at december 31, 2015.

BRIEF-Prudential Financial raises stake in DHFL Pramerica Life Insurance to 49 pct

* Prudential Financial, Inc. increases its stake to 49% in DHFL Pramerica Life Insurance Company Limited Source text - Prudential Financial, Inc. (PFI) has closed a transaction that increases its ownership in the life insurance joint venture, DHFL Pramerica Life Insurance Company Ltd. (DPLI). Under the new agreement, Prudential International Insurance Holdings, Ltd. (PIIH), a wholly owned subsidiary of PFI, a financial services company headquartered in the U.S., has increased its stake in DPLI

BRIEF-Prudential Financial provides update on assets under management

* As of September 30, 2016, assets under management of asset management segment were $1.085 trillion Source: (http://bit.ly/2dMkjfX) Further company coverage:

BRIEF-Prudential Financial reports Q2 adj operating earnings per share $1.84

* Q2 earnings per share view $2.50 -- Thomson Reuters I/B/E/S

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