Prudential Marks and Sparks

Jonathan Bloomer deserved his marching orders from the Prudential last month. But only the cold hearted would miss the irony in the insurer’s forthcoming results on Wednesday. This was meant to be Bloomer’s big day. Here would be another set of strong quarterly numbers. That would help justify the unpopular rights issue which helped seal his departure. Moreover, Bloomer was due to lead a jumbo strategy presentation. The hope was that this might counter criticism of Bloomer’s justification for th...