All SIFI articles – Page 2
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Blog
MetLife Makes a Federal Case of its SIFI Designation
MetLife has filed a lawsuit to undo its designation as a non-bank systemically important financial institution by the Financial Stability Oversight Council. Although CEO Steven Kandarian said the company had hoped to avoid litigation, it marks the first time a too-big-to-fail designation has been challenged before a federal judge.
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Blog
Desite Protestations, MetLife Deemed Systemically Important
To the surprise of no one, including the company itself, the Financial Stability Oversight Council has designated Metlife, the nation’s largest insurance company, as a Systemically Important Financial Institution, subjecting it to new regulatory, disclosure, and capital demands. MetLife has 30 days to decide whether to ask a federal judge ...
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