WASHINGTON (Reuters) - U.S. regulators have declared insurer MetLife Inc so big that its failure could destabilize financial markets, a designation that brings extra regulation.
MetLife said in a statement on Thursday announcing the designation that...
Company: PRUDENTIAL FINANCIAL INC; GENERAL ELECTRIC CAPITAL CORP; GIBSON DUNN AND CRUTCHER LLP; AMERICAN INTERNATIONAL GROUP INC
News Subject: (Major Corporations (1MA93); Regulatory Affairs (1RE51))
Industry: (Financial Services Regulatory (1FI03); Insurance (1IN97); Financial Services (1FI37); Insurance Regulatory (1IN40); Insurance Industry Highlights (1IS93); Life Insurance (1LI03))
Language: EN
Other Indexing: (Eugene Scalia; Jack Lew)
Keywords: securities; antitrust (MCC:f); (N2:US); (N2:AMERS); (N2:USA); (MCCL:OEC)