-
By Arthur D. Postal |
March 14, 2012
MetLife was one of four large financial institutions late Tuesday deemed to have failed a “stress test” imposed on large banking institutions by the Federal Reserve Board, a decision roundly criticized by MetLife and insurance analysts.
-
By Elizabeth Festa |
March 13, 2012
The bank holding company says it is mostly an Insurer: We do not believe that the bank-centric methodologies used under the CCAR are appropriate for insurance companies, which operate under a different business model than banks, says its CEO. MetLife is pulling the plug on its bank holding company status...