Tidjane Thiam bid for AIA, the Asian wing of the crisis-stricken AIG. A public battle ensued, with some investors complaining about the $35.5 billion price Prudential was offering to pay. The bid eventually failed, after the AIG board rejected a revised lower bid. AIA was later floated on the Hong Kong Stock Exchange, and the value of the company quickly rose above Prudential’s original bid price. Thiam came under strong personal criticism following the failure of the bid, partly as a result of the costs incurred by the company in pursuing the bid. However, he was re-elected as CEO at the May
Charter Court Financial Services and is a constituent of the FTSE 250 Index. The company was established with long term investment provided by Elliott Associates LP and Elliott International LP, to provide credit consultancy and mortgage administration services for pools of mortgage loans owned by third parties in 2008. In 2009, after working for nearly a year on building and testing its mortgage origination and servicing platforms, Charter Court obtained permission from the Financial Services Authority (now Financial Conduct Authority) to act as an authorised mortgage administrator. Charter Court was granted permission by the Financial Services Authority (now Financial Conduct Authority) to act as