
Prudential (UK)



Prudential
is a leading financial services provider in the UK, specialising in pensions
and long-term savings, and has a substantial international business spread across all five continents.
Over the years the company has
successfully diversified, offering a wide-ranging portfolio of services
including retail banking, investment management and pensions. In 1998, the group
launched high profile online bank Egg, which quickly became the world's biggest pure internet
bank. However performance later stalled and the business was sold in 2007. In
2001, the group tried to strengthen its US presence with an unsuccessful bid
for local rival American General. Prudential of the UK has no connection to US company Prudential
Insurance of America. In 2006, insurance giant Aviva made an unsolicited
offer to acquire the group, but the approach was declined and has not yet been
renewed. Click
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Competitors: see Financial
& Insurance Sector for other companies


Subscribers may access the following website links:
Prudential website

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