Dragged into the Wells Fargo false account scandal by questions as to whether or not retail bankers improperly sold its insurance, Prudential Financial Inc has made it clear it may look to Wells Fargo to cover its costs. The improper insurance account openings have made Prudential the...
This year hasn’t been the best for banking and financial services company Wells Fargo. Earlier this year, news broke that federal prosecutors were investigating the as many as 2 million sham customer accounts Wells Fargo admitted holding, which led to a $185 million fine levied...
Prudential Financial is gearing up to release findings from what it said is one of the largest ever surveys of financial experiences and behaviors among Asian Americans and Pacific Islanders. In a press release, the financial services company said the findings will be released on...
‘Too big to fail” has echoes of the financial crisis stretching through 2008 and beyond, where lenders of size, stressed and stretched by bad loans and lack of liquidity had to be bailed out before they took the global banking system down with them. But...
July 14, 2022
Bank of America has promoted James Gill, a former executive for insurance company Prudential, to lead its financial institutions franchise for Europe, the Middle East and Africa (EMEA), Reuters reported Thursday (July 14). The bank has been seeking more business from the region’s financial institutions (FIs) and FinTechs. That comes as Arif Vohra, one of […]
February 23, 2017
Dragged into the Wells Fargo false account scandal by questions as to whether or not retail bankers improperly sold its insurance, Prudential Financial Inc has made it clear it may look...
December 12, 2016
This year hasn’t been the best for banking and financial services company Wells Fargo. Earlier this year, news broke that federal prosecutors were investigating the as many as 2 million...
August 18, 2016
Prudential Financial is gearing up to release findings from what it said is one of the largest ever surveys of financial experiences and behaviors among Asian Americans and Pacific Islanders....
