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Derivative losses hammer MetLife 2Q profit

Insurer MetLife Inc. on Wednesday said its net income plummeted as it lost more than $1 billion on derivatives. Full story

MetLife second quarter result falls on derivative losses

(Reuters) - MetLife Inc <MET.N> reported an 80 percent drop in second-quarter profit due to higher derivative losses. Full story

MetLife Moves Closer to the Danger Zone

Despite selling off its retail banking operations, MetLife seems headed for the unwelcome SIFI designation. Full story

MetLife CEO says company is not 'systemically important'

(Reuters) - MetLife Inc <MET.N>, the largest U.S. life insurer, is not a systemically important financial institution whose failure could pose a threat to the nation's financial stability, Chief Executive Steven Kandarian said. Full story

Morgan Stanley must face part of MetLife MBS fraud case

(Reuters) - Morgan Stanley <MS.N> was ordered by a New York state judge to face part of a lawsuit in which life insurer MetLife Inc <MET.N> accused it of fraudulently selling $758 million of residential mortgage-backed securities that it knew were defective. Full story

Life Gets Complicated for These Insurers

Life insurance companies are loving the new, higher interest rate environment -- but they face other headwinds. Full story

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  MetLife CEO Warns About Regulations

Steven Kandarian, president & CEO of MetLife, Inc., says the uncertainty of new regulations is putting its share-buyback program on hold. He also weighs in on Q1 earnings.

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Related Photos

Statue stands atop Grand Central Station in front of the MetLife building in New York
Statue stands atop Grand Central Station in front of the MetLife building in New York

A statue stands atop Grand Central Station in front of the MetLife building in New York, October 8, 2008. REUTERS/Lucas Jackson

The MetLife building is seen in New York, March 8, 2010. AIG is selling its foreign life insurance unit to MetLife Inc for about $15.5 billion, its second major asset sale in a week as it raises funds to repay a $182.3 billion U.S. government bailout. REUTERS/Shannon Stapleton