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75% of CFOs Embrace Double Digit Spending Increases
CFOs want to spend more, but access to capital is the challenge, per the CFO Alliance sentiment report.
By
Adam Zaki
| January 26, 2023
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Prudential
M&A
Prudential to Sell South Korean Insurance Business
The insurance giant is shedding part of its overseas assets ahead of U.S. life insurance accounting changes.
By
Lauren Muskett
| April 10, 2020
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Retirement Plans
Lockheed Sells Pension Risk
The company said it reached deals with Prudential and Athene to reduce its obligations for tens of thousands of employees.
By
Lauren Muskett
| January 30, 2019
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People
Prudential Appoints New CFO; Falzon Moves to Vice Chair Slot
Ken Tanji takes over as executive vice president and CFO of Prudential Financial, replacing Robert Falzon.
By
William Sprouse
| September 20, 2018
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Workplace Issues
Tax Law Drives Pension De-Risking Opportunity
The lower corporate tax rate is leading CFOs to finally address the problems of underfunding, rising costs, and mounting liabilities.
By
| June 25, 2018
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Retirement Plans
J.C. Penney Cuts Pension Plan Liability by Up to 35%
The retailer has completed a lump-sum offer to retirees and will annuitize other obligations through a deal with Prudential.
By
Matthew Heller
| October 2, 2015
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Banking & Capital Markets
Capital Callings
In the mutual insurance industry, the new mantra is convert or be consumed.
By
Russ Banham
| April 1, 1998
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