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Prudential Financial Inc., the No. 2 U.S. life insurer, is contesting a U.S. finding that it poses a potential risk to the financial system, becoming the first company to challenge the label that ...
MetLife Inc. and Prudential Financial Inc. have been joined by state regulators challenging the Federal Reserve on how to oversee the biggest insurers under the Dodd-Frank law. The insurers and ...
Insurers should not be forced to hold extra capital just because of their size, because the extra cost would simply be passed on to consumers, U.S. regulators said on Tuesday. G20 world leaders have ...
In an article published yesterday in its weekly "Credit Outlook" publication, Moody's Investors Service said the Financial Stability Oversight Council's designation of American International Group as ...
Federal Reserve Bank of Philadelphia President Charles Plosser called for the largest financial institutions to hold more capital to help prevent a repeat of the recent financial crisis, and renewed ...
Federal regulation at the holding company level would have prevented the near-failure of American International Group in 2008—and had the company actually failed, it would have disrupted the entire ...
American International Group Inc. Chief Executive Officer Robert Benmosche said that living wills, designed to help unwind struggling financial firms, may lead to international disputes. Comparing ...
The Federal Deposit Insurance Corp. board will vote on rules defining whether a non-bank company is engaged in financial activity to an extent that would subject it to the agency's liquidation in the ...
American International Group Inc., Prudential Financial Inc. and a unit of General Electric Co. were identified by U.S. regulators as potential risks to the financial system in a step toward putting ...
American International Group Inc.'s board is looking for a new director with regulatory experience, as the insurer readies for the government to classify it as big enough to merit greater scrutiny, ...
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