Good News Grom The Fed For SIFI insurers
The Federal Reserve (Fed) has begun a Quantitative Impact Survey (QIS) to study the impact that its regulatory capital framework would have on non-bank systemically important financial institutions (SIFI) such as Prudential Financial Inc (NYSE:PRU), Metlife Inc (NYSE:MET) and American International Group Inc (NYSE:AIG), a move that is being seen as a positive sign for how those firms will be treated.
“We believe this undertaking is critical to helping convince Fed . . .
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