What the news says
The disclosed remedy of $17.4 million ties directly to Prudential Financial (PRU), potentially representing a quantifiable regulatory and legal cost stemming from operations in Japan. The company's operations and reputation in Japan, a key market, may be affected by the outcome of the investigation.
07/25, 12:46 AM
Prudential Financial paid 437 people a total of 2.85 billion yen ($17.4 million) as remedy after a regulatory investigation of employee misconduct in Japan.
Prudential Financial paid 437 people a total of 2.85 billion yen ($17.4 million) as remedy after a regulatory investigation of employee misconduct in Japan.
Affected assets
FirstSquawk
07/25, 12:46 AM
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