27 March 2013Insurance

FSA fines Prudential over AIA deal

UK regulator the Financial Services Authority (FSA) has fined UK insurer the Prudential Group £30 million for its actions in relation to its failed attempt to acquire AIA, the Asian subsidiary of AIG, in early 2010. The FSA has also censured Tidjane Thiam, Prudential’s group chief executive.

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FSA fines Prudential over AIA deal

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