Twelve days into his job as co- chief executive officer of Deutsche Bank AG, Anshu Jain stood beside Germany’s finance minister and in front of video images of lush forests and rolling rivers as hundreds of businessmen sang the national anthem.
MetLife Inc., the largest U.S. life insurer, raised its dividend 49 percent in the first increase since 2007, after its exit from banking limited oversight from the Federal Reserve. The company gained the most since January in New York trading.
The Federal Reserve should pay more attention to the harm inflicted on savers by record-low interest rates, said Steven Kandarian, the chairman and chief executive officer of MetLife Inc., the largest U.S. life insurer.
MetLife Inc. Chief Executive Officer Steven Kandarian said the insurer shouldn’t be designated a systemically important financial institution by U.S. regulators because its failure wouldn’t threaten other companies.
MetLife Inc.’s Steven Kandarian, who has presided over an 18 percent stock decline in less than a year as chief executive officer, told investors he is prepared to cut the insurer’s weakest businesses to boost results.