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Bank Systems & Technology March 7, 2005 Wendy Toth |
MetLife Acquires Citigroup Businesses MetLife announced last month an agreement for the purchase of Travelers Life and Annuity Co. and Citi International Holdings from Citigroup for $11.5 billion, subject to closing adjustments, as well as a 10-year distribution agreement. |
Insurance & Technology March 18, 2005 Wendy Toth |
Growing Through Distribution MetLife, which agreed to purchase Citigroup's (New York; fourth quarter 2004 net income of $5.32 billion) Travelers Life and Annuity Co. and Citi International Holdings for $11.5 billion, will leverage previous technology investments as part of a 10-year distribution agreement resulting from the deal. |
The Motley Fool February 10, 2005 Stephen D. Simpson |
MetLife Lives the Good Life This huge insurer is taking surprisingly active steps to produce ongoing growth for shareholders. |
Registered Rep. February 1, 2005 Will Leitch |
MetLife Buys Citigroup's Insurance Arm Citigroup's decision to sell its Travelers Life & Annuity arm to MetLife for an estimated $11.5 billion could be a sign of things to come in the financial advisory business. |
The Motley Fool May 4, 2005 Nathan Slaughter |
Snoopy Is Smiling MetLife posts stellar first-quarter results ahead of the Travelers merger. Investors, take note. |
The Motley Fool February 10, 2006 Stephen D. Simpson |
Assurances From MetLife More solid performance at the largest U.S. life-insurer. A better dividend would be nice, but that should come in time. Investors, take note. |
BusinessWeek February 14, 2005 Mara Der Hovanesian |
Citi: A Whole New Playbook Citigroup CEO Chuck Prince is moving away from Sandy Weill's empire-building strategy. |
Insurance & Technology February 1, 2006 Anthony O'Donnell |
Beating the Clock How MetLife's executive vice-president and CIO Steve Sheinheit handled an estimated 3-year IT integration of Travelers Life and Annuity's systems in 11 months. |
U.S. Banker August 2001 |
Metlife Bank Gets Serious To an outsider, at least, MetLife seems to be a flighty company, shifting its executives willy-nilly between insurance and banking. |
The Motley Fool February 1, 2005 Nathan Slaughter |
Citi Steps Back Nation's largest financial company sells insurance division to Met Life. |
The Motley Fool April 28, 2006 Stephen D. Simpson |
Disco Fever for Snoopy and MetLife Even excluding unusual items, this insurer is delivering the goods. MetLife could definitely prove to be a bargain for investors with longer-term inclinations and perhaps a little less risk tolerance. |
The Motley Fool August 1, 2006 Stephen D. Simpson |
Sure Improvement at MetLife Ongoing skepticism about the insurance company means the stock produces better returns. |
The Motley Fool October 28, 2005 Stephen D. Simpson |
Can MetLife Bring the Good Life? The Travelers acquisition looks to be a winner, but how much is left in the stock? |
CIO August 15, 2002 Stephanie Overby |
Economies of Scale Saddled with numerous disparate systems after an aggressive acquisition binge, MetLife needed to get integrated to cash in on its size and improve customer service. Here's how it did it. |
Insurance & Technology July 16, 2009 Anthony O'Donnell |
MetLife Reorganization To Drive Streamlined Product Development The combination of the Individual and Institutional Business Units is designed to enhance the carrier's product design and distribution capabilities, streamline its decision-making processes and drive profitable growth, the source claims. |
Insurance & Technology February 11, 2009 Anthony O'Donnell |
MetLife Redesigns Web Site New site features simpler navigation, better search capabilities and new account management tools, among other features, according to the insurer. |
BusinessWeek December 29, 2003 Gene G. Marcial |
Travelers And St. Paul -- Under One Big Umbrella Robert Lyon, president of Institutional Capital, figures the combined St. Paul Travelers will grab a wider slice of the weak insurance business. The deal, notes Lyon, unites teams with "good chemistry," that worked together at Citigroup under Sandy Weill. |
Insurance & Technology October 7, 2005 Anthony O'Donnell |
Constructive Discontent The challenge MetLife's Georgette Piligian, Senior Vice President and CIO of Corporate Systems and her business partners face is to enable consistent, timely and accurate financial reporting across an enterprise that has grown increasingly complex through acquisitions. |
BusinessWeek July 4, 2005 Aaron Pressman |
BlackRock Breaks Out Of Its Bonds BlackRock is one of the largest bond-fund managers in the world. It diversified into equities by buying State Street Research & Management from MetLife, but investors may still turn against BlackRock's stock if market for bonds heads south. |
National Real Estate Investor January 2, 2003 |
MetLife sells 501 Boylston St. MetLife Inc. has sold the 530,000 sq. ft. 501 Boylston St. building in Boston to locally based Beacon Capital Partners LLC for a reported $130 million. |
Insurance & Technology July 31, 2009 Anthony O'Donnell |
Scampas Out as MetLife CIO Jeanette Scampas, who replaced Steve Sheinheit as MetLife's enterprise CIO in early 2008, has left the company, according to an internal memo. |
The Motley Fool May 4, 2007 Emil Lee |
MetLife Fights Through Headwinds Despite a tough environment, the insurer posted solid returns. The stock could be interesting for investors. |
BusinessWeek April 11, 2005 Gene G. Marcial |
Thumbs Up For MetLife The global provider of individual insurance, annuities, and investment products is a large-cap value play that will jump in the near term. |
Insurance & Technology October 6, 2006 Anthony O'Donnell |
No Retreat SVP and CIO Jeff Stoll has led MetLife's Individual Business Systems division through M&A, legacy consolidation and modernization efforts of a magnitude equal to any the industry has ever seen. |
The Motley Fool March 22, 2005 Slaughter & Emmert |
Stock Madness 2005: MetLife vs. Altria Talk about conflict. Do you plan for a long retirement or enjoy a smoke? Find out in "Stock Madness 2005," a contest based loosely on the annual NCAA College Basketball Tournament, a.k.a. March Madness. |
Bank Systems & Technology February 22, 2007 Katherine Burger |
What Are the IT and Distribution Implications of Citigroup's Rebranding Initiative? As Citigroup sells its red umbrella logo back to St. Paul Travelers as part of chairman and CEO Charles Prince's rebranding initiative, what are the IT, channel and distribution implications? |
Registered Rep. January 9, 2009 |
Citi: What Sandy Built, Pandit Will Dismantle? The Wall Street Journal is reporting that Citigroup has put Smith Barney up for sale -- or a joint venture. |
CFO December 1, 2009 Edward Teach |
"You Don't Manage by Models." An astute judgment call helped the nation's largest life insurer steer clear of the subprime crisis. An interview with William J. Wheeler, CFO at MetLife Inc. |
The Motley Fool January 29, 2010 Dave Mock |
A Big Upgrade for MetLife This bullish call comes from more than just one analyst. |
BusinessWeek February 21, 2005 David Henry |
Have Dealmakers Wised Up? Acquiring companies seem to be taking a closer look -- and paying less. |
The Motley Fool May 19, 2010 Dave Mock |
A Big Upgrade for Travelers After spending much of the past six months at a mediocre three-star rank, The Travelers Companies has impressed enough top-performing members of the 160,000-strong Motley Fool CAPS community to climb back up to four stars. |
Insurance & Technology August 3, 2009 Nathan Conz |
AIG Names New CEO American International Group has selected Robert Benmosche as its new CEO, the Wall Street Journal is reporting. |
Insurance & Technology October 10, 2007 Peggy Bresnick Kendler |
Jeff Stoll Retires From MetLife but Remains Active in Insurance Retired MetLife SVP and CIO of individual business IT continues to serve on various advisory boards and is member of the board of directors at ACORD. |
Insurance & Technology October 12, 2004 Anthony O'Donnell |
Triumphant Technologist Having created the foundation for an online, real-time infrastructure, Steve Sheinheit is building technology for a single MetLife customer experience. |
The Motley Fool December 23, 2011 Dan Caplinger |
How Travelers Weathered a Tough 2011 Shareholders are still happy, as the company managed to eke out a modest gain this year. |
Registered Rep. March 30, 2007 Halah Touryalai |
Defamed? Tough Luck. NY Court Says You Can't Sue Your Firm for U-5 comments Brokerage firms won a round in an ongoing battle over what they can and can't say about departing brokers on their U5 records. |
Registered Rep. November 7, 2006 Kevin Burke |
NASD Whacks Two Firms with Fines Over Ill-Advised 529 Sales The NASD said on Monday that it has fined Chase Investment Services and MetLife Securities for failing to establish internal controls to supervise the sale of 529 college savings plans. |
The Motley Fool August 27, 2004 Tom Taulli |
BlackRock Gets a Piece of Met In the asset management business, to stay competitive companies such as BlackRock need to bulk up on assets by purchasing other companies. |
Registered Rep. November 16, 2010 Alan Lavine |
Growth Opportunities: Immediate Annuities And Qualified Retirement Plans There's a window of opportunity for financial advisors to build business: They can use annuities available in 401k plans to help workers with their post-retirement income. |
The Motley Fool June 18, 2011 Jordan DiPietro |
Should You Buy and Hold MetLife? MetLife has been unable to grow earnings -- certainly not the greatest of signs. |
Investment Advisor April 2006 Melanie Waddell |
The Playing Field: Meeting the Need for Income A host of financial services firms are coming out with new products to help advisors protect their retirees' income streams. Here's a rundown of some of the companies' offerings. |
Bank Technology News January 2003 John Adams |
How the Universe of COSMOS Was Brought Under Control Citigroup's two-decade march of acquisitions has created a global banking network that is disjointed and fragmented, largely because of an antiquated system called COSMOS. An overhaul would modernize its banking empire and enable Citi to deal with rapidly changing needs. Enter Jeff Berg. |
Insurance & Technology February 21, 2005 Anthony O'Donnell |
Getting to One Oftentimes, the difference between a successful merger and a dud is the ability to integrate systems and users from the two companies. |
Investment Advisor January 2010 Melanie Waddell |
Retirement News News from the SEC, MetLife, and Fidelity: SEC will present recommendations on target date funds early next year... MetLife and Fidelity Investments have introduced a new deferred variable annuity product... more... |
BusinessWeek September 5, 2005 Mara Der Hovanesian |
Chuck Prince's Citi Planning Citigroup's CEO has a strategy for the financial giant. Those who don't like it can quit. |
The Motley Fool January 13, 2009 Morgan Housel |
The Future of Citigroup Two big events over the past few days have given investors new reasons to squirm. |
The Motley Fool May 31, 2005 Stephen D. Simpson |
Prudential: A Prudent Purchase? Prudential is growing strongly, but has valuation already caught up? |
The Motley Fool November 11, 2004 Robert Brokamp |
Wall Street's Big, Dirty Secret How they use your retirement money to fund their retirement. Here's how you can separate the good advice from the greedy advice. |
Registered Rep. March 1, 2007 Karen Donovan |
Defamed? Chaskie Rosenberg is hoping to win the right to go back to the trial court to pursue his claim for defamation damages against MetLife. The case has ramifications that could affect the entire financial-services industry. |
Financial Planning September 1, 2011 Frank O'Connor |
Asset Magnet Variable annuities continued to show strength in the first quarter with new sales of $38.7 billion, a 23.2% increase over the year-ago quarter's total of $31.4 billion. |