Prudential Financial Inc

MetLife Approaches With Breakup Plan Since Washington Court Declares SIFI Label Unlawful

MetLife has announced in January planning for selling large portion of its US insurance unit. But the move has been suspended following imposition of designation as SIFI by FSOC. However, the FSOC move has been declared unlawful by a Washington court which paves the way for MetLife to go with its breakup planning.

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Prudential Financial Going To Discuss Fourth Quarter Financials On Thursday Through Video Conference Call

Prudential Financial has announced its fourth quarter financials of 2015 on Wednesday. Assets under management have been amounted to be $1.184 trillion on December 31, 2015. It has been compared to $1.176 trillion existed a year earlier. The quarterly earning will be communicated live for the investors at 11 am on Thursday.

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Warren Buffett denies that Berkshire Hathaway 'too big to fail'

Warren Buffett on Saturday rejected the idea that Berkshire Hathaway Inc, a sprawling conglomerate he has built over 50 years, has grown so big that it is now too big to fail and requires tighter regulatory oversight.

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U.S. insurer MetLife to sue regulators over high-risk tag

MetLife Inc (MET.N) on Tuesday sued U.S. regulators over a decision to subject the insurer to tougher oversight because it harbors enough risk to endanger the financial system if the next crisis hits.

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China Everbright Bank raises $2.6B in Hong Kong IPO

Chinese lender China Everbright Co raised $2.6 billion in its third attempt at a Hong Kong initial public offering (IPO) of 5.08 billion shares priced at HK$3.98 apiece.

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Industry observers foresee pension buyouts in the next several years

A flurry of pension fund buyouts was projected to happen in the next succeeding years, according to industry analysts.

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Prudential hires former Deutsche Bank’s property investments manager

Prudential Financial Inc. hired Frank Garcia, a former property investments manager at Deutsche Bank AG.

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Adler gets CEO promotion in Prudential Financial Inc.

Eric Adler was promoted CEO of Prudential Financial Inc, the second largest life insurer in the United States, replacing former CEO Allen Smith.

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