MetLife News & Latest MetLife Headlines

Social Security Going Bust? That's the Small Problem

1:55PM 12/28/2011

The woes Social Security faces have generated plenty of worried talk lately, but even if nothing changes, it'll be solvent until 2036. But Medicare, the other major government program that retirees rely on, is on course for financial disaster years sooner. That program, of course, is Medicare, and the funding situation for the portion of its benefits that retirees receive looks even scarier than Social Security's prospects right now.

5 Things to Watch This Week: Tablets, iPhones, Talking Ducks and Visa

4:55PM 10/21/2011

By Rick Aristotle Munarriz, The Motley Fool

Company News, Netflix, Verizon, Amazon.com, Visa, MetLife

There's never a dull moment on Wall Street, especially when new tablets and old banks are in the way. Let's go over some of the items that will help shape the week ahead once Monday rolls around.

MetLife Sells its Banking Unit to Avoid Strict New Fed Regulations

11:00AM 7/27/2011

By Trefis

Company News, Stock Picks, Insurance, MetLife, Market News

In order to avoid new federal rules and heightened scrutiny from regulators, MetLife has decided to sell its banking unit. That's a smart move for the nation's largest life insurer, and keeps it on a level playing field with its competitors.

Bank of America's $8.8 Billion Black Eye

1:30PM 7/19/2011

By Matt Koppenheffer

Company News, Investing, Earnings, JP Morgan Chase, Bank of America, Stock Picks, Citigroup, Wells Fargo & Co, MetLife, Investment, Banking

"The largest loss in Bank of America's history." That's the sound bite from the bank's second quarter earnings report, which disclosed an $8.8 billion bottom-line loss. But now that BOA is atoning for its mortgage-related sins, there's a chance its stock may be undervalued.

Don't Let Nana Drive You Into Bankruptcy

9:00AM 7/12/2011

By Selena Maranjian, The Motley Fool

Retirement, Health Care, Insurance, MetLife, Family Money, Personal Finance, Saving Money

For children, excursions with grandmother are an adventure. As time passes, however, the ride into the golden years can get bumpy; if you're financially unprepared, it can take a dramatic turn for the worse, and even drive you and your family into bankruptcy. Here are some steps you can take to prevent that.

Government's Big Stake Weighs Heavily on AIG's Stock

7:00AM 6/30/2011

By Trefis

American International Group, MetLife, Hartford

During the past month, AIG stock fell nearly 10% drop after an announcement that the government would sell some of its stake in the insurance giant. The Treasury's ownership in the company has declined from 92% to 77%, but the prospect of its future sell-offs are holding the stock down.

As Banks Exit the Reverse Mortgage Business, Seniors Seek Alternatives

11:00AM 6/22/2011

By Dawn Kawamoto

Retirement, Bank of America, Wells Fargo & Co, Real Estate, MetLife

The two biggest banks in the reverse mortgage business are getting out of it. Now, Bank of America and Wells Fargo accounted for less than half of the reverse mortgages in America, and other lenders are still writing them. But seniors in financial trouble should explore theses alternative ways to stay in their homes.

Six Financial Myths Your Father May Have Taught You

9:30AM 6/16/2011

By Ron Dicker

Retirement, Investing, Bank of America, Investing Basics, MetLife

You love your dad, but you don't have to buy everything he taught you about money. DailyFinance celebrates Father's Day by debunking six financial myths he might have held held true. He still deserves the socks and the cologne. Just don't necessarily trust him with your portfolio.

Caring for Aging Parents Will Cost Boomers $3 Trillion

2:00PM 6/15/2011

By Sheryl Nance-Nash

Retirement, Insurance, MetLife

You would probably do anything for your mom and dad, but the cost of caring for them in their old age can be crippling. A new study shows that the nearly 10 million Americans who are providing care for their aging parents will lose an estimated $3 trillion to do so.

Elder Abuse: How to Protect Grandma From Con Men and Thieves

9:00AM 6/03/2011

By Sheryl Nance-Nash

Retirement, People, MetLife

Who would pick the pocket of your grandma or grandpa? Apparently, a lot of people: Older Americans are losing $2.9 billion annually to elder financial abuse, up 12% from 2008, according to The MetLife Study of Elder Financial Abuse. Here's how to protect your older relatives from becoming victims.