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Stock Market & Financial Investment News

News Breaks
December 4, 2012
10:58 EDTMETMetLife sees $250M of incremental earnings by 2016 in Employee Benefits
MetLife this morning in conference presentation slides said it expects $250M of incremental operating earnings by 2016 within its Global Employee Benefits business. MetLife listed sales growth to multinationals, developing a strong expatriate business, and local business growth as ways of achieving the earnings target. This story’s headline has been corrected to note that MetLife expects $250M of incremental operating earnings by 2016 within its Global Employee Benefits business only, not the company as a whole.
News For MET From The Last 14 Days
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September 17, 2014
14:41 EDTMETMetLife management to meet with Sterne Agee
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September 15, 2014
06:07 EDTMETMetLife to host investor day
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September 5, 2014
07:50 EDTMETMetLife can fund any new capital requirements internally, says Wells Fargo
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September 4, 2014
16:24 EDTMETMetLife issues statement on preliminary SIFI designation
MetLife chairman, president and CEO Steven Kandarian issued the following statement after the Financial Stability Oversight Council notified the company that it has been preliminarily designated a non-bank Systemically Important Financial Institution, or SIFI: “MetLife strongly disagrees with the Financial Stability Oversight Council’s preliminary designation of MetLife as a SIFI. MetLife is not systemically important under the Dodd-Frank Act criteria. In fact, MetLife has served as a source of financial strength and stability during times of economic distress, including the 2008 financial crisis. The current regulatory system oversees a stable industry that pays out more than $500B every year. Imposing bank-centric capital rules on life insurance companies will make it more difficult for Americans to buy products that help protect their financial futures. At a time when government social safety nets are under increasing pressure and corporate pensions are disappearing, the goal of public policy should be to preserve and encourage competitively priced financial protection for consumers. MetLife is not ruling out any of the available remedies under Dodd-Frank to contest a SIFI designation.”
06:24 EDTMETMetLife to meet with regulators to decide if 'too big to fail', NY Post reports
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