Prudential boss under pressure to step down

The chief executive of Prudential is under pressure to step down as investor fury at last week’s £1bn (€1.4bn) rights issue continues to mount, it was reported today.

Prudential boss under pressure to step down
Sun, 24 Oct, 2004 - 14:29

The chief executive of Prudential is under pressure to step down as investor fury at last week’s £1bn (€1.4bn) rights issue continues to mount, it was reported today.

Jonathan Bloomer shocked the London market on Tuesday by announcing the massive fundraising to finance growth in the Pru’s UK business.

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