NU Online News Service, Oct. 8, 2003, 4:15 p.m. EST – Prudential Financial Inc., Newark, N.J., has renamed Prudential-Bache Ltd., a unit that sells investment services to wealthy clients in Europe and Asia.
Prudential now calls the unit Dryden Wealth Management Ltd. The unit has a sister company, Dryden Bank S.A., Geneva, Switzerland, that sells private banking services.
Prudential chose the Dryden name in recognition of John Dryden, the insurance agent who founded Prudential in 1875.