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Prudential Financial, Inc. is an American Fortune Global 500 and Fortune 500 company whose subsidiaries provide insurance, retirement planning, investment management, and other products and services to both retail and institutional customers throughout the United States and in over 40 other countries. In 2019, Prudential was the largest ...
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Jackson subsidiaries and affiliates provide specialized asset management and retail brokerage services. Prior to being spun off in 2021, Jackson was a subsidiary of the British insurer, Prudential plc, which acquired the company for $608 million in 1986. The company is unrelated to the American insurance conglomerate, Prudential Financial.
Prudential dropped the usage of the Bache name in 1991, renaming the division Prudential Securities. In 1989, the firm acquired branch offices, client accounts and related assets from Thomson McKinnon when a deal to purchase Thompson McKinnon fell through [4] a top 20 brokerage and investment banking firm.
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e. Banking regulation and supervision refers to a form of financial regulation which subjects banks to certain requirements, restrictions and guidelines, enforced by a financial regulatory authority generally referred to as banking supervisor, with semantic variations across jurisdictions. By and large, banking regulation and supervision aims ...
Servicemembers' Group Life Insurance. Servicemembers' Group Life Insurance ( SGLI) is a life insurance program available to all active duty and reserve members of the uniformed services of the United States. Supervised by the United States Department of Veterans Affairs, the program is administered by the Prudential Insurance Company of America.