Author: Antony Currie
MetLife had been working on its demutualization plan for at least three years before finally coming to market in April. “We took a look at where financial services was heading,” says MetLife CEO Bob Benmosche. “It is clear that people didn’t have the time to shop around, so we had to be able to put ourselves in a position to offer a full range of financial products. And with Glass-Steagall in the process of being overturned it was all the more crucial.
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