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Stock Market & Financial Investment News

News Breaks
February 18, 2014
08:03 EDTMETRothesay Life to acquire MetLife's U.K. bulk aunnuity portfolio
Rothesay Life Limited and MetLife announced that Rothesay Life will acquire MetLife Assurance Limited, a subsidiary of MetLife. MetLife Assurance is a leading specialist bulk annuity pension provider, with approximately GBP3B in assets under management. The acquisition is expected to be completed in the second quarter of 2014, subject to regulatory approval and satisfaction of other closing conditions. The terms of the agreement were not disclosed.
News For MET From The Last 14 Days
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August 20, 2014
17:12 EDTMETOn The Fly: Closing Wrap
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14:39 EDTMETMetLife nearing 'systemically important' designation, WSJ reports
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August 14, 2014
17:27 EDTMETAppaloosa gives quarterly update on stakes
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August 12, 2014
09:03 EDTMETMetLife acquires The Loop
MetLife announced that the company has acquired The Loop, a 435,000 square foot outdoor retail center in Kissimmee, Florida. MetLife bought the complex from an institutional client of AEW Capital Management.
08:18 EDTMETAs MetLife awaits SIFI decision, other non-banks get tough scrutiny, FT says
The Federal Reserve's scrutiny of AIG (AIG) and GE Capital (GE) since those non-banks were designated as systemic risks shows they are being regarded in the same manner as large banks, according Financial Times, citing people familiar with the process. Insurer Prudential Financial (PRU) was deemed a systemic risk last September and rival MetLife (MET) is waiting to see if it will be designated this year, the report noted. Reference Link

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