MetLife Disavows “Systemically Important” Proposal
Economy / Politics / Regulation

MetLife Disavows “Systemically Important” Proposal

MetLife, a nonbank financial company (NFC) and the largest insurer in the U.S., called for a hearing Monday to oppose being labeled “systemically important.”  After the Financial Stability Oversight Council (FSOC), a major financial watchdog, voted in favor of adding MetLife to the list of systemically important financial institutions (SIFIs) in September, the firm hustled … Continue reading