Thursday, Oct 19, 2006
IVAs biting the finance sector
FT: Prudential blames IVAs for losses at Egg
Prudential on Thursday blamed an anticipated second half loss at Egg on a 20 per cent increase in individual voluntary arrangements in the third quarter, which the insurer said it had not anticipated when it increased its ownership of the online bank a year ago.
Posted by dohousescrashinthewoods @ 12:09 PM (135 views) Add Comment
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