Sunday, Prudential Financial, Inc. (PRU) said that it is currently exploring options with regard to its investment and fund management businesses in Korea. These options include a possible sale of either or both of Prudential Investments & Securities Co., Ltd. and Prudential Asset Management Co., Ltd., which are headquartered in Seoul, South Korea. This does not affect Prudential's life insurance business in Korea: The Prudential Life Insurance Company of Korea, Ltd. also known as Prudential of Korea or POK.
Prudential Financial, Inc., a financial services provider with approximately $580 billion of assets under management as of June 30, 2009, has operations in the United States, Asia, Europe, and Latin America.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.