House Set to Vote on Dodd-Frank Rollback Today May 22, 2018 By Elizabeth Dexheimer U.S. lawmakers are set to give President Donald Trump a chance to make good on his vow to “do a...
U.S. Wants More Time to Review MetLife Systemic Risk Tag May 5, 2017 By Lisa Lambert The U.S. government on Thursday requested a 60-day pause in a case involving MetLife Inc,. the country’s largest life insurer,...
Republican Senator Wants Trump to Drop Systemic Risk Case Against MetLife March 31, 2017 By Pete Schroeder A Republican member of the Senate Banking Committee said on Thursday that he was “frustrated” that the Trump administration had...
U.S. Says Judge Nixing MetLife Too-Big-to-Fail Tag ‘Profoundly Mistaken’ June 20, 2016 By Katherine Chiglinsk and Andrew Harris The U.S. properly labeled MetLife Inc. as “too big to fail,” the government said, arguing to overturn a ruling that...
Federal Reserve to Propose Lighter Capital Rules for Large Insurers Than Banks May 23, 2016 By Jesse Hamilton U.S. insurers deemed big enough to threaten the financial system will probably face capital standards that are simpler and less...
Regulators Want More Details on Insurers’ Living Wills for Bankruptcy July 29, 2015 By Ian Katz and Jesse Hamilton Three major non-bank financial firms need to provide more detail on how they could be unwound in bankruptcy after a...
Federal Reserve to Study Effect of Banks’ Systemic Risk Rules on Insurers October 1, 2014 By Emily Stephenson The U.S. Federal Reserve on Tuesday announced plans to study the potential effects of forcing big insurance companies to meet...
Chamber Calls for Stricter Rules on Systemic Risk Designations on Insurers December 3, 2013 By Ian Katz The U.S. Chamber of Commerce is calling for rules that would make it more difficult for a group of regulators...
Prudential Drops Its Fight Against Systemic Risk Designation October 20, 2013 By Zachary Tracer Prudential Financial Inc., the second-largest U.S. life insurer, abandoned its challenge to a U.S. designation from a Treasury Department panel...
Prudential Designated Systemically Risky, Subject to Federal Reserve Oversight September 20, 2013 By Emily Stephenson Insurer Prudential Financial Inc. said on Thursday that U.S. regulators had voted to designate the company as systemically risky, bringing...