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MetLife's (MET) Kandarian Says Co. Conducting Strategic Review, to Submit New Plan to Fed in Jan.

December 5, 2011 8:31 AM EST
On its 2011 Year-End Investor Conference Call, MetLife's (NYSE: MET) Chairman, President and CEO Steven Kandarian is making some headlines:
  • expecting continued softness in the global economy
  • calls risk management a core competency for MetLife
  • expecting growth in Brazil
  • committed to returning excess capital to holders
  • sees submitting a new capital plan to the Fed in January, with a response sometime during the first quarter
  • conducting a "strategic review," details of which will be outlined in Q2


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