20 results about this entity
Period: 02 Feb 2005 - 04 May 2022
News
UK insurer Prudential is selling its British Internet banking operation Egg to Citigroup for around £575 million ($1.127 billion) in cash.
29 January 2007
UK insurer Prudential has confirmed that it has rejected an approach for its loss making Web banking operation Egg. The move followed reports that American banking giant Citigroup was considering launching a rumoured £950 million bid for the Internet bank.
11 December 2006
UK insurer Prudential has warned that its Internet banking unit Egg is expected to report an operating loss in the second half of the year similar to the £39 million loss recorded in H1.
19 October 2006
Insurance group Prudential says it is outsourcing its customer sales and services operations in Belfast to BPO firm Capita instead of shifting the work to India and other parts of the UK.
17 August 2006
UK insurance group Prudential is shutting down the London head office of its Internet banking operation Egg.
27 April 2006
UK insurance group Prudential is to buy the 22% stake it doesn't already own in British Internet bank Egg.
01 December 2005
UK insurance group Prudential has confirmed that it is keeping its 79% stake in Egg, ending months of uncertainty over the future of Britain biggest Internet bank.
26 October 2005
Shares in UK online bank Egg have leapt eight per cent amid renewed speculation about a fresh takeover bid.
02 February 2005
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