Hints and tips:
...Francisco Paez, head of structured products research at MetLife, said the products were particularly popular with insurers who were in search of “safe, predictable cash flows”....
...At MetLife, Bhalla was heavily involved in separating its retail life insurance business into the publicly traded Brighthouse Financial, where he became finance chief....
Canada-based $690bn investment group explores fee-based business spin-off to win over Wall Street
...Talks between the EFL and MetLife were previously reported by the Financial Times....
...Swiss insurer Zurich is to expand in the US with its $3.9bn acquisition of MetLife’s property and casualty insurance business....
...MetLife was the 18th largest P&C insurer in the US, and Zurich’s US subsidiary, Farmers, is the seventh largest, she wrote, adding that “we would view this transaction favourably as MetLife . . . has never...
...The first deal came in the summer of 2004, when BlackRock bought State Street Research, a money manager owned by insurer MetLife, for $375m....
...Fellow insurance titans MetLife and Prudential Plc have in recent years announced their own substantial break-ups....
...rival prepares for blockbuster Hong Kong listing (FT) LG Chem to spin off world’s largest electric car battery business (FT) LVMH, Tiffany wrangle over court dates after acquisition turns sour (Reuters) MetLife...
...Shares in MetLife were down 2.7 per cent in after-hours trading....
...A federal appeals court dismissed MetLife’s Sifi status last year. In late 2017, MetLife disclosed that it had failed to pay benefits it owed to thousands of “lost” pensioners....
...The quarter also didn’t include WWE’s WrestleMania event, which attracted a sellout crowd at MetLife Stadium in New Jersey on April 7....
...McFadden was previously executive vice-president and chief communications officer at MetLife. Headland has hired Susanna Voyle and promoted Toby Pellew to the public relations firm’s partnership....
...His departure comes just a day before MetLife is due to publish first-quarter earnings....
...MetLife was also freed from the regulations after a court found regulators had failed to follow proper procedure when they designated it....
...The keen sailor is a former chief financial officer of the Dutch financial services group ING and joined MetLife from Arch Capital in 2012....
...The project began to unravel when insurer MetLife sued the government in 2015, saying its SIFI designation was unfair. GE Capital then shrank enough to lose its label....
...MetLife warned in December that it had failed to take adequate steps to track down former employees of its corporate clients....
...Some of that early demand is because household institutions such as Fannie Mae, MetLife and the World Bank have begun issuing debt that uses Sofr, rather than Libor, as its reference rate....
...The MetLife designation was one of the first of its kind, and it makes sense to test new rules....
...Shareholders in MetLife have taken fright at the reserve charge and the threat to its reputation....
...MetLife said it arose because the way it calculated the reserve requirements did not take adequate account of customer withdrawals....
...MetLife also said it was postponing the release of its full-year results by two weeks....
...The government appealed, arguing Metlife was clearly a large, interconnected financial institution whose failure would threaten financial stability....
...“To date, MetLife is not aware of any intentional wrongdoing in connection with this matter,” it said in a statement....
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