Pru Boss On the Ropes

Daily MailOctober 29, 2004

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Summary


THE knives are out for Jonathan Bloomer, the embattled boss of Prudential, after several mistakes and missed opportunities that culminated in last week's shock Pounds 1bn rights issue.

The Pru's big institutional investors are calling for his head over what has been interpreted as a strategic about-turn.

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Pru Boss On the Ropes

Rivals say the firm broke a gentleman's agreement when it decided no...

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