Pru's Research Unit on Chopping Block

Louria, Avital
April 2007
Investment Dealers' Digest;4/30/2007, Vol. 73 Issue 17, p4
Trade Publication
The article focuses on the rumored plan of Prudential Equity Group Inc. to sell its Prudential Equity Research group. One observer claims that the possible buyers of the division include Royal Bank of Scotland, Santander or BNP Paribas. The rumored sale came after Michael Mayo decided to resign from the company to accept the offer of Deutsche Bank AG. Analysts claim that the sale will help change the focus of Prudential Equity Research.


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