Japan's Prudential Life Ordered to Halt Biz for over 3 Months
Tokyo, Oct. 9 (Jiji Press)--Japan's Financial Services Agency on Friday ordered Prudential Life Insurance Co. and Gibraltar Life Insurance Co., both part of the U.S. Prudential Financial Inc. group, to suspend some operations for more than three months over fraud committed by their employees. The FSA also issued a business improvement order to Prudential Holdings of Japan Inc., the parent c...