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  September 5, 2001
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Home > Company Index > Banking > Other Banking Services > Egg plc

Egg plc
 PROFILE
This company knows eggs-actly what investors want. Egg is the Internet banking unit of Prudential plc, one of the UK's largest insurers. About 1.3 million customers use the bank's Web site, egg.com, to access such financial products as mortgages, personal loans, individual savings accounts, unit trusts, travel insurance, and mutual funds. Users can apply for the Egg Card, a credit card that pays cash back on purchases of the 3 million retail products available on the site. Prudential spun off the company to raise funds for the site's expansion to the European continent and to acquire other Internet companies. Egg hasn't strayed too far from the nest, though; Prudential retained an 80% stake.

 COMPETITION
Barclays PLC (BCS)
E*TRADE Bank (dossier)
moneygator.com limited (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 1,035.50
1-Yr. Sales Growth: 34.9%
Employees: 1,876
Revenue per employee: $551,972.28

 KEY PEOPLE
• Paul Gratton
    CEO
• Stacey Cartwright
    CFO

 CONTACT INFO
1 Waterhouse Sq.
London EC1N 2ST, United Kingdom
Phone: 44-20-7526-2500
Fax: 44-20-7526-2655
Online: Web Site

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