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 (1474 views)
Add Comment
Report Article

No comments have been submitted.

Be the first person to add your comment by completing the form below.

Add comment

  • If you do not have an admin password leave the password field blank.
  • If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user's views and not the views of
  • Please adhere to the Guidelines
Admin Password
Email Address

Main Blog | Archive | Add Article | Blog Policies