MetLife Victory an ‘Embarrassment’ for FSOC, But Impact Unclear, American Banker

Mayra Rodriguez Valladares, managing principal of MRV Associates, said MetLife has all the hallmarks of a SIFI institution based on its size, complexity, international footprint, involvement in derivatives and management of public funds. That could make future designations more difficult, she said.
“The decision on MetLife is a big disappointment,” Valladares said. “The job of the FSOC to minimize systemic risk, from both banks and nonbanks, in the U.S. has been [made] much harder by today’s ruling.”

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