Prudential hits pause on new sales at Japanese subsidiary
This story was originally published on CFO.com. To receive daily news and insights, subscribe to our free daily CFO.com newsletter. Prudential Financial is halting new sales at a Japanese subsidiary as it aims to “reset the business model” there, the company’s CFO said Tuesday. On Tuesday, Prudential announced that it’s extending a previously enacted pause on new sales at its Prudential of Japan unit by 180 more days. In February, the insurance giant had initiated an initial 90-day pause in the wake of a ...