Tuesday, March 23, 2010
Prudential’s Strangfeld Says Capital Use Is New Focus
Prudential Financial Inc.’s John Strangfeld, chief executive officer of the second-biggest U.S. life insurer, said he’s focusing on using capital raised last year when he needed a buffer against market declines.
“I am pleased to report that we are transitioning from a period of fortifying capital to the challenge of capital deployment,” Strangfeld said in a letter to shareholders posted today on the Newark, New Jersey-based company’s Web site...
Business Week: Prudential’s Strangfeld Says Capital Use Is New Focus
“I am pleased to report that we are transitioning from a period of fortifying capital to the challenge of capital deployment,” Strangfeld said in a letter to shareholders posted today on the Newark, New Jersey-based company’s Web site...
Business Week: Prudential’s Strangfeld Says Capital Use Is New Focus
Permalink posted by markw @ 4:51 AM 
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