August 17, 2020

Innovative pension risk transfer approach offers Prudential clients a new way to wind down plans

Prudential Retirement, a business unit of Prudential Financial, Inc. (NYSE: PRU), has completed the firm’s fourth and final pension de-risking transaction with Boise, Idaho-based wood products manufacturer and building materials distributor Boise Cascade Company

August 11, 2020

Prudential Financial Declares Quarterly Dividend on Common Stock

Prudential Financial, Inc. (NYSE: PRU) announced the declaration of a quarterly dividend of $1.10 per share of Common Stock, payable on September 17, 2020, to shareholders of record at the close of business on August 25, 2020.

August 11, 2020

Prudential Financial to sell Prudential of Taiwan to Taishin Financial

Prudential Financial, Inc. (NYSE:PRU) has entered into a definitive agreement with Taishin Financial Holding Co., Ltd., a leading Taiwan-based financial institution, to sell Prudential Life Insurance Company of Taiwan Inc.

August 05, 2020

Prudential deepens commitment to advance racial equity

Prudential's nine commitments to advance racial equity span the company’s talent practices, how it designs and delivers its products, its investments and public policy work, and its support of community institutions working to remove persistent obstacles to Black economic empowerment.

August 04, 2020

Prudential Financial, Inc. Announces Second Quarter 2020 Results

Prudential Financial, Inc. (NYSE:PRU) reported second quarter results. Net loss attributable to Prudential Financial, Inc. was $2.409 billion ($6.12 per Common share) for the second quarter of 2020, compared to net income of $708 million ($1.71 per Common share) for the second quarter of 2019.

August 03, 2020

Quincy Krosby’s August 2020 market commentary: Crosscurrents

While the worst may be over, the V-shaped recovery in the market and overall economic backdrop may be slowing, if not stalling, says Prudential's chief market strategist.

July 28, 2020

New Prudential program aims to ease pandemic-related financial stress in the workplace

Prudential Financial, Inc. has created a new workplace package designed specifically for concerned employees and time-strapped human resources teams.

July 27, 2020

Prudential Financial general counsel Tim Harris to retire in 2020

Tim Harris, executive vice president and general counsel, has decided to retire after a long and successful career. Ann Kappler, senior vice president, deputy general counsel and head of external affairs, will assume the role of executive vice president and general counsel.

July 22, 2020

PGIM 3Q outlook: Weathering uncertainty on the path to recovery

The first half of 2020 was marked by uncertainty and tumult stemming from the COVID-19 pandemic, which left humanitarian and economic wounds across the globe. While measures to flatten the curve and revive the economy have started to heal those wounds, prospects for the future remain unclear. PGIM experts take an optimistic yet calculated approach in exploring ways to strategically navigate the times ahead.

July 21, 2020

City of Atlanta selects Prudential Retirement to oversee more than $330M in assets

NEWARK, N.J., July 21, 2020 - The city of Atlanta, the ninth-largest metropolitan area in the nation, chose Prudential Retirement as record keeper for its defined contribution retirement plans. Prudential Retirement is a business unit of Prudential Financial, Inc. (NYSE: PRU).