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Metlife (NYSE:MET) Alters Deal with General Electric (NYSE:GE); Sells Around $7 Billion in Deposits to Quit Banking – MET, AEG, PUK, UNM

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The New York-based Metlife Inc. (NYSE:MET) changed an accord to vend around $7 billion in deposits to General Electric Company (NYSE:GE) so that Federal Deposit Insurance support is no longer needed.

Metlife, the insurer looking to quit banking to limit …


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