MetLife Sells $6.4B In Bank Deposits To GE
By The Associated Press | |
Associated Press |
Financial terms were not disclosed.
The deal is part of
Banks are dealing with tougher regulation in the aftermath of the financial crisis. And as a holding bank,
Buybacks can help support earnings per share, while dividends return cash to shareholders.
The insurer, which is based in
Copyright: | (c) 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. |
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