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AIA FAILED DEAL
Ahead of Market: 10 things that will decide stock market action on TuesdayBenchmark indices Sensex and Nifty fell for a fourth straight session amid elevated crude oil prices, geopolitical tensions and persistent ...- Follow these 10 steps to ensure your online financial data remains safeWith financial transactions being increasingly carried out online, it is becoming difficult to keep hackers and frauds at bay. Find out how...
- Aberdeen, AIA, Pimco may have bought UltraTech’s dollar bondsThe bonds initially received bids of over seven times the target of $400 million. The number of bids dropped to four times after the final ...
- Stocks in the news: Polycab India, Wipro, Nestle, Jet Airways, Cipla and Hathway CableUBS has maintained buy rating on Axis Bank and raised target price to Rs 1,010 from Rs 780.
- After Market: Who moved my Sensex and 116 stocks throw up bearish signalSensex fell 156 points to 35,853.56, with 24 stocks in the red and seven in the green.
- UK's Prudential profits up on Asia growthProfit in Asia was up 15 per cent, against increases of 10 per cent and 17 per cent in the US and Britain respectively.
- AIA IPO: Banks eye a cool $308 millionIf the AIA IPO raises up to $20.5 billion as planned, investment banks in Asia are set for a bumper year for payouts.
- India will become a bigger economy than many other countries: HSBCHSBC's Michael Geoghegan says he has no issues with local incorporation and priority-sector lending if bank is free to expand. Hunger for t...
- AIG top brass at loggerheads over AIA dealThe failed sale of US insurer AIG's Asian life insurance business has led to a rift between its two top executives, Robert Benmosche, the c...
- Nobody will resign over failed AIA bid: PrudentialNobody will have to resign from British insurer Prudential PIc's top team over the collapse of its USD 35.5-billion bid for AIA.
- Prudential chairman says no heads will roll over AIAPrudential chairman Harvey McGrath said in an interview on that no heads would roll at the British insurer after it abandoned an ambitious ...
- AIG may use Asia IPO route to exit AIA after Pru bid failsPrudential said the collapse of its $35.5-billion takeover of American International Group’s main Asian unit will cost it about £450 millio...
- Pru’s AIG deal near collapsePrudential's bid for rival AIG’s Asian unit was close to collapse after the British insurer failed to secure a price cut, triggering talk i...
- For Prudential boss, no risk seems to be too bigPrudential chief executive officer Tidjane Thiam knows about taking risks. He abandoned a career at McKinsey & Co in 1994 to become an advi...
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