MetLife stress test News

The insurer MetLife Inc., which sold its bank deposits in January, says it is no longer a bank holding company. MetLife said it received approval for the status change from the Federal Deposit Insurance Corp. and the board of governors …

The Federal Reserve has granted MetLife Inc a third extension to submit its capital plan as the insurer moves closer to completing the sale of its deposit-taking business to a unit of General Electric Co.’s GE Capital. The largest life …