Prudential denies AIA chief will quit after merger

Prudential's listing of shares in Hong Kong should have been a cause for celebration. But it was overshadowed by yet more anxiety about its takeover of AIA. The company was today forced to insist that Mark Wilson, the AIA chief, would be staying put despite reports that he regarded the union as "unworkable". It does not bode well. Pru is trying to persuade investors to cough up £14.5bn to fund the ambitious deal and needs to win them over by 7 June when a crucial shareholder vote takes place. This is still not a done deal.