|Bid||94.32 x 100|
|Day's Range||110.60 - 111.83|
|52 Week Range||72.25 - 114.55|
|PE Ratio (TTM)||11.34|
|Dividend & Yield||3.00 (2.68%)|
|1y Target Est||N/A|
Heads of the U.S. financial regulatory agencies will meet behind closed doors next Friday to discuss MetLife Inc's lawsuit against them, according to a notice from Treasury, as the Trump administration wrestles with reforms put in place in response to the financial crisis. The regulators, who comprise the Financial Stability Oversight Council (FSOC), and MetLife both asked earlier this month for another pause in the long-running case in which the country's largest life insurer has challenged the federal government's decision to label it as "too big to fail." The appeals court has not yet said whether it will grant an abeyance. More than a year ago, U.S. District Judge Rosemary Collyer struck down the council's designation of MetLife as "systemically important," which signifies that it could devastate the financial system if it failed and which triggers stricter oversight.
Life insurer Prudential Financial Inc said on Thursday that it would reorganize its U.S. businesses, placing five units into three groups, each aligned with different customer needs. Prudential's three businesses will be called individual solutions, workplace solutions and investment management. The individual solutions unit, led by Lori Fouché, the current head of Prudential's annuity business, will include the annuities and individual life insurance businesses.
The three resulting units will be individual solutions, workplace solutions, and investment management.