MetLife may sell bank to escape Dodd-Frank
Stricter regs could hurt carrier's core businesses; MetLife Bank accounts for mere 2% of earnings
MetLife Inc., the biggest U.S. life insurer, is exploring the sale of its deposit-gathering business to avoid the tighter regulation that comes with bank status.
“We do not believe it is appropriate for the overwhelming majority of our business to be governed by regulations written for bankin
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