Bloomberg the Company

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Follow Us

Industry Products

Businessweek Archives

...And Pru Securities Has A New Honcho


In Business This Week

...AND PRU SECURITIES HAS A NEW HONCHO

Prudential Insurance is installing a fresh face to engineer a turnaround of its brokerage unit. On May 1, Hardwick Simmons will become CEO of Prudential Securities, formerly Prudential-Bache. Simmons, 50, formerly headed Shearson Lehman Brothers' retail network of 10,500 brokers and is well respected in the industry. Pru Securities made money in the first quarter but faces investor lawsuits brought to recoup losses from limited partnership units sold by Pru-Bache brokers in the 1980s.EDITED BY HARRIS COLLINGWOOD


The Aging of Abercrombie & Fitch
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus