Saturday, February 16, 2013

MetLife No Longer Designated Bank Holding Company

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MetLife reported QE December 2012 financial results on February 13

MetLife Sheds Bank Holding Company Status with Approvals from the Federal Reserve and FDIC

NEW YORK -- (BUSINESS WIRE) -- Feb. 14, 2013 -- MetLife, Inc. (NYSE: MET) announced today that it has received the required approvals from both the Federal Deposit Insurance Corporation and the Board of Governors of the Federal Reserve to deregister as a bank holding company.

MetLife completed its sale of MetLife Bank’s depository business to General Electric Capital on January 11.

About MetLife

MetLife, Inc. is a leading global provider of insurance, annuities and employee benefit programs, serving 90 million customers. Through its subsidiaries and affiliates, MetLife holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East. For more information, visit www.metlife.com.

MetLife Sheds Bank Holding Company Status with Approvals from the Federal Reserve and FDIC

$MET $XLF

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