MetLife FSOC News

Republican Senator Wants Trump to Drop Systemic Risk Case Against MetLife

A Republican member of the Senate Banking Committee said on Thursday that he was “frustrated” that the Trump administration had not yet dropped the government’s case against Metlife Inc., an insurer challenging its “too big to fail” designation. Senator Pat …

MetLife Systemic Risk Battle Not Over as U.S. Files Appeal

The U.S. government on Friday appealed a court decision that major insurer MetLife cannot be considered “too big to fail” in the United States Court of Appeals for the District of Columbia, according to a filing. U.S. Treasury Secretary Jack …

MetLife CEO Raised Possibility of Breakup in 2014

MetLife Inc., looking to avoid tougher oversight, was examining options for a breakup or restructuring of the firm 14 months before announcing this year that it’s considering a sale, spinoff or public offering for part of the domestic retail business. …

MetLife Touts Surviving Lehman in Case Against Systemic Risk Tag

MetLife Inc. Chief Executive Officer Steve Kandarian, who is suing to reverse a U.S. finding that subjects the insurer to greater oversight, said his company’s performance in the financial crisis shows its ability to withstand turmoil. The insurer’s cost was …