Metlife

MetLife Sues Morgan Stanley

The Huffington Post | D.M. Levine | Posted 04.27.2012

Read More: Goldman Sachs, Morgan Stanley, Abacus, Allstate, Metlife, Financial Crisis, Mortgage-Backed Securities, Lawsuit, Securities Fraud, Business News

Insurance giant MetLife is suing Morgan Stanley for fraud. The suit, filed in state court in New York on Wednesday, seeks $757 million over reside...

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Walmart Executive Resigns From MetLife Board Amid Scandal

Posted 04.24.2012

Read More: Eduardo Castro-Wright Metlife Board, Video, Walmart Probe, Eduardo Castro Wright Walmart, Walmart De Mexico Probe, Eduardo-Castro-Wright, Business News, Walmart Bribery, Metlife, Metlife Board, Slidepollajax, Walmart-De-Mexico, Walmart-Bribery-Scandal, Business News

The former CEO of Walmart de Mexico has resigned from the board of directors of a major life insurance company amid claims that Walmart de Mexico syst...

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No, Social Security Is Not Broke

The Huffington Post | Mark Gongloff | Posted 04.24.2012

Read More: Google, Video, Facebook Patents, Social Security, Seven and a Half Things, Business News, Metlife, Medicare, James Murdoch, Investment Banking, Business News

There's good reason to doubt that the Trojan Horse entered Troy on this very date in 1184 BC, but there's no doubt you need to know seven and one half...

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America's Largest Life Insurer Settles 'Death Master' Probe

Reuters | Posted 04.24.2012

Read More: Video, Social Security, California, Settlement, Reuters, Death Master, Metlife, Annuity Payments, Insurer, Life Insurance, Business News

April 23 (Reuters) - MetLife Inc, the largest life insurer in the United States, will pay $500 million to settle a multi-state investigation into cl...

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Contrary To Prediction, Post 50s Are Actually Retiring: Study

Posted 05.23.2012

Read More: Retirement Study, Boomer Study, Metlife Retirement, Baby Boomers, Retirement, Metlife, Boomers, Study, Fifty News

Although many experts have been predicted that midlifers would opt to remain in the workforce long after retirement age, a rising number of them are c...

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Fed Fines Big Banks For Alleged Foreclosure Abuse

AP | DEREK KRAVITZ | Posted 03.19.2012

Read More: Video, Foreclosure Crisis, U.S. Bancorp., PNC Financial Services Group, Mortgage Settlement, SunTrust Banks, Mortgage Crisis, Suzanne G. Killian, Metlife, Federal Reserve, Homeowners, OneWest Bank, Goldman Sachs Group, HSBC Holdings Plc, Everbank, Business News

WASHINGTON -- The Federal Reserve said Monday that it plans to fine eight additional U.S. bank holding companies for improperly foreclosing on homeown...

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BofA May Get To Move Its $8.5 Billion Settlement Back To State Court

Posted 12.27.2011

Read More: Bofa Settlement, Bank of New York Mellon, Countrywide Financial, Mortgage Crisis, Bank of America, Toxic Assets, Walnut Place, Metlife, Blackrock, Bofa, Bank of America Settlement, Home Loans, Bank of America Jurisdiction, Video, Business News

(JONATHAN STEMPEL, Reuters) - An appeals court on Tuesday granted an appeal of a controversial ruling that moved consideration of Bank of America ...

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With Metlife Deal, GE Takes On $7.5 Billion In Consumer Banking Deposits

Posted 12.27.2011

Read More: Consumer Banking, Deutsche Bank, General Electric, Wall Street, Wachtell Lipton Rosen & Katz, Metlife, GE Capital, Federal Reserve, Online Banking, Retail Banking, Big Banks, Banking Industry, Banking Sector, Ge, Video, Business News

(BEN BERKOWITZ and TANYA AGRAWAL, Reuters) - General Electric Co jumped into the retail deposits business on Tuesday, buying the online bank fro...

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Post50s Embrace 'Encore' Careers

USA Today | Sandra Block | Posted 11.23.2011

Read More: Encore Careers, Second Acts, Reinvention, Metlife, Baby Boomers, USA Today, Encore Fellowship, Civic Ventures, Purpose Prize, Retirement, Fifty News

Lara Hara, 56, an engineer at Intel in Cupertino, Calif., isn't ready to retire, but he wants a break from his high-pressure job. Like many Boomers, h...

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Will The Madison Avenue Clock Tower Turn Into A Marriot?

Posted 12.26.2011

Read More: Marriott, Marriott Hotels, Plaza Hotel, Ny News, Metlife, Clock Tower Building, NY Real Estate, New York, New York News

By Craig Carmin, Wall Street Journal Marriott International Inc. has agreed to buy Manhattan's famous Clock Tower building, raising the prospect th...

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Getting Going: Funding The Post-Pension Retirement

wsj.com | KAREN BLUMENTHAL | Posted 12.24.2011

Read More: Longevity, Insurance, Saving for Retirement, Retirement, Metlife, Health Insurance, Retirement Planning, Fifty News

The great scramble for retirement income is coming. Are you ready? Many aren't....

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BofA's Huge Mortgage Settlement Challenged By Bondholders

Posted 09.04.2011

Read More: Metlife, Bondholders Bank of America, Blackrock, Bondholders, Bofa Bondholders, Pacific Investment, New York State Supreme Court, Allianz, Business News

NEW YORK (Jonathan Stempel) - A group of bondholders plans to challenge Bank of America Corp's $8.5 billion settlement with holders in soured mort...

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Life Insurers Subpoenaed By New York AG Over Customer Payouts

Posted 09.04.2011

Read More: NY Ag, New York Life Insurance, Life Insurers Subpoena, Manu Life, Mutual Life, Life Insurers, Guardian Life, Metlife, Axa Sa, Genworth, Regulation Life Insurers, Prudential, Wall Street Journal, New York Attorney General, Business News

New York Attorney General has issued subpoenas to at least nine leading life insurers to examine whether the firms have adequately ensured payouts...

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Government Sale Of AIG Stock Could Be Halted If Deemed Unprofitable

Posted 07.12.2011

Read More: Treasury Department, Treasury Profit, General Motors, Metlife, Bailout Profit, American International Group, AIG Profit, AIG Shares, AIG Stock, Business News

NEW YORK (Ben Berkowitz and Clare Baldwin) - American International Group and the Treasury on Wednesday said they will sell around $9 billion in A...

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States Loosen Insurance Rules To Woo Business

The New York Times | MARY WILLIAMS WALSH and LOUISE STORY | Posted 07.09.2011

Read More: Deutsche Bank, Insurance Captive, Insurance, South Carolina, Vermont, Aig, Delaware, Metlife, Hawaii, Captives, Aetna, Offshore Transactions, Insurance States, Utah, Business News

Companies looking to do business in secret once had to travel to places like the Cayman Islands or Bermuda. Today, all it takes is a trip to Vermon...

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Teens Say 5 Or More Drinks A Day No Big Deal

AP | JENNIFER C. KERR | Posted 06.06.2011

Read More: Ecstasy, Marijuana, Teen Drug Use, Alcoholism, Alcohol, Melissa Gilbert, Metlife, Alcohol Abuse, The Partnership at Drugfree.org, Alcohol Consumption, Teen Drinking, Food News

WASHINGTON -- Downing five or more alcoholic drinks nearly every day isn't seen as a big problem for many of the nation's teens, says a new report. W...

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Following Floods, MetLife Brings Life to Budapur Village, Pakistan

Jim Luce | Posted 05.25.2011

Read More: Jeffrey Sachs, Human Development Foundation, International Development, Pakistan, Sindh Province, Metlife Alico, Metlife, Jim Luce, Batool Hassan, Hdf, Tsunami, Bricks for a Village, Salim Manzar, Budapur Village, Arif Mufti, Karachi, Millennium Villages, Impact News

MetLife, which closed its acquisition of Alico late last year, is set to rebuild an entire village in Pakistan in less than six months following the disaster.

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Government Recovers Large Chunk Of TARP Money

Posted 05.25.2011

Read More: Business News, Tarp, Aig, Metlife, AIG Common Stock, U.S Treasury, Troubled Asset Relief Program, AIG Pays Funds, Business News

New York (Reuters) - American International Group (AIG.N) repaid another $6.9 billion of its bailout on Tuesday, the U.S. Treasury said. With ...

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How Some Life Insurers Deny Paying Benefits

Bloomberg | David Evans | Posted 05.25.2011

Read More: Business News, Life Insurances, Metlife, ERISA Loopholes, Suicide Insurance, Jane Pierce, Accidental Death Insurance, Business News

Jane Pierce spent nine years struggling alongside her husband, Todd, as he fought cancer in his sinus cavity. The treatments were working. Then, in Ju...

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AIG To Repay $37 Billion In Bailout Funds

AP | STEPHEN BERNARD | Posted 05.25.2011

Read More: $AIG, Bailouts, AIG Bailout, Aia, Metlife, Aig, American International Group, AIG Bailout Repayment, American Life Insurance Co., Business News

NEW YORK — AIG said Monday it raised nearly $37 billion from the divestment of two foreign insurance units and will use that money to repay a go...

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Banks Are Scamming Dead Soldiers' Families

Richard Allen Smith | Posted 05.25.2011

Read More: Banking, Metlife, Banks, Insurance, Prudential, Sgli, Politics News

Banks that used to distribute SGLI funds are apparently engaging in a shameless scam that uses SGLI money entitled to Gold Star families to make profits for themselves.

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Study: Many Employee Workloads Increased Since 2007, Most Benefits Stayed Same

AP | DAVE CARPENTER | Posted 05.25.2011

Read More: Benefits, Economy, Job Security, Metlife, Human Resources, Recession, Study, 401(K), Layoffs, New Workers, Unemployment, Employers, Health Insurance, Hiring, Overtime, Productivity, Workload, Business News

CHICAGO — If it seems like you're working harder than you used to, it's probably not your imagination. Many companies have increased employees'...

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AIG: Prudential AIA Offer Won't Be Accepted

AP | Posted 05.25.2011

Read More: Aig, Prudential, AIG Prudential, Aia, American International Group, London Stock Exchange, American Life Insurance, Metlife, Business News

BANGKOK — U.S. insurer AIG said Tuesday it won't accept a lower offer for its Asian insurance business from Prudential, potentially scuttling th...

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AIG, Alico Sale: Profitabe Health Insurance Unit Sold To MetLife Inc. For $15.5B

AP | IEVA M. AUGSTUMS | Posted 05.25.2011

Read More: AIG Alico Sales, Aia, AIG Bailout, Metlife, Aig, Health Insurance, American International Group, Prudential, Aig Federal Reserve, Business News

CHARLOTTE, N.C. — American International Group Inc. said Monday that it will sell its American Life Insurance Co. division for $15.5 billion to ...

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WSJ: AIG CEO Ready To Quit Over Pay Constraints

Huffington Post/AP | Posted 05.25.2011

Read More: Geithner, Regulation, Credit Default Swaps, Obama, White House, Bailout, Insurance, Treasury, Benmosche, Wall Street, Robert Benmosche, New York, AIG Bailout, House, Kenneth Feinberg, Financial Reform, Aig, Metlife, Capitalism, Tim Geithner, Financial Regulation, Executive Compensation, Liddy, Barack Obama, Banks, Socialism, Bonuses, Ken Feinberg, Executive Pay, Edward Liddy, Senate, Business News

NEW YORK — After just three months as head of battered insurer American International Group, Robert Benmosche has threatened to leave his post a...

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