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Financial Threat

Financial ThreatFinancial Threat

US regulators have labeled insurer MetLife as a potential threat to the financial system, a designation that brings stricter government oversight. AP said. MetLife said Thursday that the Financial Stability Oversight Council has designated the company as “systemically important.” As a result, MetLife must increase its cushion of capital against losses, limit its use of borrowed money and submit to inspections by examiners.

 

Financialtribune.com