Bank signals readiness to extend bond buying if needed - FT
12th Oct 2022 05:53
(Sharecast News) - The Bank of England may extend its backstop programme for the UK government bond market past its 15 October deadline, the Financial Times reported, citing people briefed on the discussions.
Read moreSector movers: Life insurers pace losses, BoE says 'you've got three days'
12th Oct 2022 05:01
(Sharecast News) - Life insurers were at the bottom of the pile on Tuesday amid continued selling pressure in longer-term Gilts that forced the Bank of England to intervene for the second time in three days.
Read moreJP Morgan raises target price on Prudential
23rd Sep 2022 13:47
(Sharecast News) - Analysts at JP Morgan raised their target price from insurance firm Prudential from £13.80 per share to £14.50 on Friday to reflect foreign exchange movements and a roll-forward of its valuation.
Read morePrudential H1 operating profit rises but outlook cautious
10th Aug 2022 07:50
(Sharecast News) - Asia-focused insurer Prudential reported a rise in first-half operating profit on Wednesday but struck a cautious note over the outlook.
Read morePrudential appoints Anil Wadhwani as CEO
25th May 2022 10:01
(Sharecast News) - Prudential said on Wednesday that it has appointed Anil Wadhwani as group chief executive officer with effect from 25 February 2023.
Read moreTreasury launches consultation on insurance rules shake up
28th Apr 2022 10:01
(Sharecast News) - The UK government has launched a consultation on its plans to radically overhaul the rules governing insurance companies.
Read moreDeutsche Bank lowers target price on Prudential
20th Apr 2022 12:20
(Sharecast News) - Analysts at Deutsche Bank lowered their target price on insurance company Prudential from 1,550.0p to 1,475.0p on Wednesday but said "brighter skies" were ahead.
Read moreDirector dealings: Two Pru directors invest, Smart Metering chair saves holding
16th Mar 2022 15:12
(Sharecast News) - Prudential disclosed two purchases made by non-executive directors on Wednesday, landing itself on the list of director buys.
Read morePrudential profits beat expectations, sees Ukraine risks
9th Mar 2022 07:08
(Sharecast News) - Asia-focused insurer Prudential on Wednesday reported a rise in annual operating profit driven by new business amid the Covid pandemic.
Read moreWednesday preview: China CPI, Prudential in focus
8th Mar 2022 15:16
(Sharecast News) - Financial markets' attention will with no doubt continue to be fixated on the war in Ukraine.
Read morePrudential seeks Asia-based CEO as Mike Wells quits
10th Feb 2022 07:50
(Sharecast News) - Prudential is looking for a new boss after Chief Executive Mike Wells announced his departure after seven years leading the FTSE 100 insurer.
Read moreMorgan Stanley reiterates 'buy' for FTSE 100, highlights 'defensive' qualities
24th Jan 2022 12:13
(Sharecast News) - Analysts at Morgan Stanley sounded a 'bullish' note on the outlook for the FTSE 100, highlighting its greater 'defensive' properties relative to rivals, higher dividend yields versus global peers, exposure to energy and record low expectations for growth in the profits of its constituent companies.
Read morePrudential raises $2.4bn from Hong Kong offering
27th Sep 2021 07:54
(Sharecast News) - Insurance group Prudential has raised $2.4bn from its raising in Hong Kong after offering new shares in the company HK$143.80 (£13.51) each, the company said.
Read morePrudential plans to raise £2bn through share offer
20th Sep 2021 07:26
(Sharecast News) - UK life insurer Prudential said it planned to raise £2bn through a public offer and international share placing on the Hong Kong Stock Exchange.
Read morePrudential plans to raise £2bn through share offer
20th Sep 2021 07:26
(Sharecast News) - UK life insurer Prudential said it planned to raise £2bn through a public offer and international share placing on the Hong Kong Stock Exchange.
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