MetLife (MET) closes the sale of MetLife bank to GE Capital. The sale is a key one for Met which...

|By:, SA News Editor

MetLife (MET) closes the sale of MetLife bank to GE Capital. The sale is a key one for Met which wants to get out from under the Fed's regulatory oversight (i.e., be able to boost capital returns) by shedding anything sniffing of banking from its business. (PR)