too big to fail News
Global Regulators Rethinking How to Assist Risks in Large Insurers
Global regulators are rethinking how to assess risks in big insurance companies, marking a shift that could make life easier for the industry. The Financial Stability Board said on Tuesday it could ...
Global ‘Too Big to Fail’ Insurer Assessment Reportedly Going Away
Global financial regulators have decided to ditch a "too big to fail" gauge for assessing the riskiness of insurers, according to a source briefed on the matter, in a big win for companies such as ...
AIG Freed From Tighter Scrutiny Due to Business Changes: Fed Chair Yellen
Federal Reserve Chair Janet Yellen said freeing American International Group Inc. from the tight scrutiny tied to its too-big-to-fail label is an example of the process working properly -- proving ...
AIG Shoots for Expansion Now That ‘Too Big To Fail’ Status Is Going Away
Now that American International Group Inc. is no longer too big to fail, it has a goal: Get bigger. The U.S. freed the New York-based insurer from enhanced regulation, removing the scarlet letter it ...
FSOC Leaves SIFI Labels Unchanged
A panel of U.S. regulators decided after meeting on Friday to stick with its existing policy for stricter rules on a handful of large financial institutions it deems "systemically important." The ...
Prudential Reportedly Plotting Escape From ‘Too Big to Fail’ Label
Prudential Financial Inc. is laying the groundwork to escape the government's label that it's too big to fail, a move that would dramatically reduce federal oversight of the largest U.S. life ...
Is AIG Investor and Trump Advisor Icahn Trying to Get ‘Too Big to Fail’ Label Removed?
Two prominent U.S. Democratic senators are raising questions about President Donald Trump's special adviser, Carl Icahn, asking in a letter on Thursday if the activist investor is attempting to ...
MetLife Wants Delay on ‘Too-Big-To-Fail’ Case as Trump Reviews FSOC
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, ...