UK insurer Prudential has dropped JP Morgan Cazenove as joint broker and hired Goldman Sachs in its place. UBS, its existing joint broker, has been retained.

Prudential confirmed the change in a statement to the stock exchange this morning.

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The London-based bank said it is well on its way to achieving the target of returning at least $8 billion to shareholders over the three years ending in 2026.

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Homegrown names such as Laopu, Mao Geping and Songmont are winning over customers who are losing their taste for high-end Western brands.

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The pact imposes a baseline tariff of 15% on the U.S.’s biggest trading partner.

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Company points out early progress on robotaxis and bots, as revenue from electric vehicles plummets.

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The Davos founder rejected preliminary findings of misconduct, including improper travel expenses and gifts.

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Prudential drops Cazenove for Goldman

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