Pru Flip-flop Clementi

Jonathan Bloomer was fired from his job running Prudential after his £1bn rights issue proved a u-turn too many for the UK insurer’s disgruntled investors. But his chairman, Sir David Clementi, seems to have a habit of flip-flopping too. Clementi appears to have wobbled after moving to replace Bloomer earlier this year. He sounded out candidates in February. One, HBOS’s Mark Tucker, warned his own board that he was on the shortlist. But in March, Tucker told HBOS the job was no longer available,...