Morning Scan: MetLife Faces SIFI Tag; Apple to Boost Security
09/05/14
Receiving Wide Coverage ... MetLife and the Dreaded S-Word: Much to MetLifeÂ's dismay, the Financial Stability Oversight Council voted Thursday to propose that the firm be designated as a systemically important financial institution. The life insurerÂ's chief executive Steven A. Kandarian indicated that MetLife may contest being lumped into the group that includes nonbanks American International Group, Prudential Financial and General Electric Capital. The company is "not ruling out any of the available remedies under Dodd-FrankÂ...
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