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On Monday, MetLife announced it has complete the sale of MetLife Bank's $6.4 billion-in-deposits business to General Electric's GE Capital Retail Bank. MetLife Chairman and CEO Steven A. Kandarian ...
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As CIO, Kandarian oversaw a number of initiatives that strengthened MetLife's investment portfolio, enhanced the company's focus on effective risk management and contributed to the bottom line. [1] He is credited with preparing MetLife's portfolio prior to the 2007 recession, partly by anticipating the housing bubble and selling Stuyvesant Town ...
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MetLife, which completed the deal on November 1, 2010, paid approximately $7.2 billion in cash and $9.0 billion in MetLife equity and other securities. [ 129 ] [ 130 ] The securities portion of the deal consisted of 78.2 million shares of MetLife common stock, 6.9 million shares of contingent convertible preferred stock and 40 million equity ...
1 Madison Avenue [1] Manhattan, New York City: Construction started: 1890 (original east wing) 1905 (tower) 1955 (current east wing) Completed: 1893–1905 (original east wing) 1909 (tower) 1957–1960 (current east wing) Renovated: 1953–1957 2015 (tower conversion to hotel) 2020–2024 (east wing) Demolished: 1953–1955 (original east wing ...
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