MetLife U.S. Retail Business to Rebrand as Brighthouse Financial
By a
"This marks an important step in
"At the same time, this separation will also bring significant benefits to
Brighthouse Financial will be led by current
"Our optimistic outlook on what we will create for people's financial futures, coupled with our guiding principles of simplicity and transparency, are captured in our name, Brighthouse," Steigerwalt said.
No shareholder approval is expected to be necessary. The MetLife Board of Directors would have to approve any separation transaction; certain insurance and other regulatory approvals would also be necessary. The transaction would also need to comply with any
Keywords for this news article include: Financial Companies, Life Insurance Companies.
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