Prudential

The lenders are ramping up scrutiny of mainland Chinese clients opening savings and investment accounts

An additional consideration of up to seven billion rupees may be payable upon completion of the deal

The sales pause will continue till Nov 5

Insurers are adjusting product features in response to the new framework

Its new business profit on a traditional embedded value basis is US$2.8 billion for year ended Dec 31

The initiative targets the significant emissions challenge posed by the world’s coal fleet

The insurer currently holds a 51% interest while local partner Detik Ria owns the rest

Flint, who was chairman of HSBC until 2017, will replace Shriti Vadera and will join the board in March

The repurchase represents about 3% of its issued share capital, based on the Jan 5 closing price