MetLife (MET), the insurance behemoth, is expected to post positive Q4 earnings. The company's shares are being acquired more by various funds such as Mediolanum International Funds Ltd and Foundations Investment Advisors LLC. MetLife's top brass will share their insights at the upcoming Bank of America Securities 2025 Financial Services Conference. In a significant financial move, MetLife Investment Management has agreed to acquire traditional fixed income and equity portfolio management teams managing $6 billion from Mesirow. Additionally, MetLife's strategic growth plan and long-term financial commitments at 2024 Investor Day signals ambitious growth. Another key development includes a pivotal agreement between MetLife and General Atlantic to form Chariot Re. Despite having a data breach incident, MetLife maintains its strong shareholder returns through quarterly dividends. Furthermore, the company continues its expansion with the addition of Kerry O’Brien as the Global Head of Insurance Asset Management and Liability Solutions. MetLife targets substantial earnings per share growth in the new plan and is leveraging private credit M&A to bolster growth. The company is also announced among Fortune's Top 25 Global Workplaces for 2024, reflecting a promising environment for employees.
Metlife MET News Analytics from Fri, 03 May 2024 18:47:58 GMT to Sat, 01 Feb 2025 18:04:47 GMT -
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