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Prudential Financial latest news:
Prudential Financial enters Indonesian life insurance market
U.S.-based Prudential Financial Inc (PRU) has entered the Indonesian life insurance market in a joint venture with a unit of CT Corp in Jakarta, the companies said on Tuesday. Prudential's Pruco Life Insurance Company unit has acquired a 49 percent stake in PT Asuransi Jiwa Mega Indonesia, the life insurance subsidiary of Indonesia-based CT Corp, the companies said in a statement.
Fed posts banks' 'living wills,' gives AIG, Prudential more time
NEW YORK (Reuters) - U.S. bank regulators on Wednesday posted plans submitted by eight of the nation’s largest banks for how they could be dissolved in a crisis and gave American International Group, Inc and Prudential Financial an extra year to submit their plans.