- Reuters•21 hours ago
MetLife Inc is asking a U.S. court to put on pause a case over how the government deems certain companies "too big to fail," one of the most significant reforms to come out of the financial crisis, while President Donald Trump's administration finishes reviewing the current regulatory approach. In March 2016 U.S. District Judge Rosemary Collyer struck down the government's designation of MetLife as "systemically important," saying it was "arbitrary and capricious" in assessing the risks to the financial system of a possible failure by the largest U.S. life insurer. The government, under former President Barack Obama, a Democrat, immediately appealed and the two sides squared off in court last October, with a decision expected next month.
- Reuters•4 days ago
President Donald Trump will order the U.S. Treasury Department on Friday to examine two powers given to regulators after the 2008 financial crisis to police large financial firms, Treasury Secretary Steven Mnuchin said. In his first visit to the Treasury building, Trump will sign two memos, both viewed by analysts as largely symbolic gestures. One will temporarily bar regulators from identifying new nonbank financial institutions as "systemically important financial institutions” (SIFIs) needing tighter oversight, while also ordering a review of the SIFI process, Mnuchin said in a briefing with reporters.
- Reuters•5 days ago
U.S. President Donald Trump will order the Treasury on Friday to find and reduce tax burdens and review post-financial crisis reforms that banks and insurance companies have said hinder their ability to do business. A White House official said on Thursday that Trump will issue an executive order directing the Treasury on the tax issues.
PRU : Summary for Prudential Financial, Inc. Comm - Yahoo Finance
Prudential Financial, Inc. (PRU)
NYSE - Nasdaq Real Time Price. Currency in USD
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|Day's Range||107.88 - 109.33|
|52 Week Range||66.51 - 114.55|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||11.11|
|Dividend & Yield||3.00 (2.88%)|
|1y Target Est||N/A|