MetLife (MET) Moves Higher Following MetLife Bank Asset Sale

December 27, 2011 8:27 AM EST
MetLife, Inc. (NYSE: MET), shares are higher pre-market Tuesday, following reports that it entered into an agreement for the sale of the depository business of MetLife Bank, N.A., to GE Capital. The stock is currently up about 3 percent.

For more color on the deal, which includes $7.5 billion of deposits, click here.


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