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Posts Tagged ‘MetLife’

MetLife Pushes Reverse Mortgages as Wells Fargo Retreats

June 21st, 2011 Comments off

MetLife Inc., the biggest U.S. life insurer, is poised to become the No. 1 reverse-mortgage lender as Wells Fargo & Co. and Bank of America Corp. leave the market.
BusinessWeek.com — Finance

MetLife Subpoenaed by California in Probe of Unpaid Benefits

April 25th, 2011 Comments off

MetLife Inc., the largest U.S. life insurer, was subpoenaed by California regulators reviewing whether the company cheated policyholders’ survivors.
BusinessWeek.com — Finance

MetLife Will Reduce Holdings of Financial-Firm Debt, CEO Says

March 10th, 2011 Comments off

MetLife Inc., the U.S. insurer that owned $ 160.7 billion of corporate bonds at year-end, plans to reduce its holdings of debt issued by financial firms, Chief Executive Officer Robert Henrikson said.
BusinessWeek.com — Finance

MetLife Sells Shares for $6.35 Billion to Redeem AIG Stake

March 3rd, 2011 Comments off

MetLife Inc., the largest U.S. life insurer, said 146.8 million shares were sold for $ 6.35 billion to redeem securities given to American International Group Inc. in the purchase of a non-U.S. business.
BusinessWeek.com — Finance

MetLife Says Bank Profit May Miss Target as Rates Rise

February 10th, 2011 Comments off

MetLife Inc., the life insurer whose bank unit has about $ 17 billion in assets, said its lender may miss profit targets this year as higher interest rates squeeze margins and reduce customer demand for mortgages.
BusinessWeek.com — Finance

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MetLife Says Bank Unit May Miss Profit Targets as Rates Rise

February 10th, 2011 Comments off

MetLife Inc., the life insurer whose bank unit has about $ 17 billion in assets, said its lender may miss profit targets this year as higher interest rates squeeze margins and reduce customer demand for mortgages.
BusinessWeek.com — Finance

Categories: Investing Tags: , , , , , , , ,

MetLife Says 2011 Earnings Will Climb After Alico Acquisition

December 6th, 2010 Comments off

MetLife Inc., the biggest U.S. life insurer, said earnings will climb in 2011 after the firm bought a non-U.S. business from American International Group Inc.
BusinessWeek.com — Finance