Every broker learns about the Prudent Man Rule when studying for the Series 7. That means, more or less, not to put all your eggs in one basket lest they end up on your face. John Tripi, a former Morgan Stanley broker...
Prudential Financial, the holding company for Prudential Securities in the U.S., says it intends to focus solely on high-net-worth individuals in Europe. In doing so, Prudential yesterday said it will sell or close a...