More on Only investment bankers and top managers made $, HK: Bang balls S'pore & ang moh media and Why HK is still a global financial centre. Prudential is HQed in London but makes its money from Asian life insurance (OK, … Read on blog or Reader Thoughts of a Cynical Investor Read on blog or Reader Financial engineering fails again By atans1 on 23/06/2024 More on Only investment bankers and top managers made $, HK: Bang balls S'pore & ang moh media and Why HK is still a global financial centre. Prudential is HQed in London but makes its money from Asian life insurance (OK, OK helping Chinese to legally take money out of China). A 2021 break-up split off its UK and US operations to focus on higher-growth businesses (selling life insurance to Africans, Chinese visiting HK and in China) was a classic corporate finance move meant to bring a higher rating and better times for shareholders. Didn't work: Again only the advisers and senior management made $. Comment Like You can also reply to this email to leave a comment.

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