MetLife Inc., the largest U.S. life insurer, said the Federal Reserve blocked it from raising its dividend and buying back shares, a surprise to investors and analysts who had expected both as soon as this week. MetLife shares fell 4 …
The Federal Reserve’s latest move to stimulate credit for consumers and businesses, known as Operation Twist, is likely to threaten the earnings of some of the country’s largest insurers for years to come. Wall Street in the past week has …
The largest and riskiest U.S. financial firms could be forced to hold up to twice as much capital as called for in the international Basel III accord, under one plan the Federal Reserve is considering. Fed Governor Daniel Tarullo said …
The Federal Reserve rejected a $15.7 billion bid from insurer American International Group for a pool of mortgage-backed securities Wednesday and said it will sell off the bonds over time instead. The news is a blow to AIG, which has …
The new council of U.S. regulators will face a major test on Tuesday when it unveils recommendations on how to enforce one of the most recognizable, if inscrutable, aspects of the six-month-old Wall Street reform law: the Volcker rule. The …
