US asset manager MetLife Investment Management is buying PineBridge Investments from Hong Kong billionaire Richard Li’s ...

The Fed on Monday said it planned to overhaul the stress-test regime for banks and planned to seek public comment on planned changes. Credit scores soared during the pandemic, enabling a borrowing ...

The big managers continue to get bigger through M&A, with MetLife’s institutional asset management business buying PineBridge ...

The deal consideration includes $800m cash at closing, and another $400m contingent on future financial and earnout targets.

New York-based insurer’s arm will pay US$800 million for PineBridge, which manages about US$100 billion in assets.

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Metlife (MET – Research Report), Evans ...

Shares of banks and other financial institutions rose amid deal activity. BNP Paribas said its BNP Paribas Cardif insurance business agreed to buy AXA Investment Managers for about $5.32 billion in ...

METLIFE Investment Management, a subsidiary of US insurer MetLife said on Monday (Dec 23) that it has agreed to buy ...

The $800 million deal includes assets PineBridge has outside of China and would extend MetLife's asset management business.

The deal between the U.S. insurer and a company owned by Hong Kong billionaire Richard Li is expected to close in 2025.