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UK regulator fine Prudential

The UK's financial services regulator fined Prudential insurance company (Prudential) 30 million pounds (45.5 million), and condemned its CEO processing failed bid for AIA in 2010.
Financial services authority (fsa) fined about prudential's takeover of AIA, AIG's Asian subsidiary plans. After bidding eventually collapse, the two sides failed to agree on a price. The FSA, said the pru did not inform processing - even though they held a meeting in detail about the news of the deal, just a few weeks ago. The FSA also accused President, CEO even shorter odds are offered on Tidjane thiam, decided not to contact has played a significant part in regulating.
Said the UK's financial services authority, the size of the deal will be in the UK has always been the biggest, may undermine the confidence in the country's financial system.



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