Tag: citigroup
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U.S. district judge strikes down designation of MetLife as ‘too big to fail’
U.S. District Judge Rosemary Collyer on Wednesday struck down the designation made by the heads of the country's financial regulatory agencies that major insurer Metlife Inc. is systemically important to the U.S. financial system. MetLife had argued in court that the Financial Stability Oversight Council (FSOC) used a secretive and flawed process when, in 2014,…
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Uncertainty in Turkey as migrant returns set to start under EU deal
By Tulay Karadeniz and Dasha Afanasieva ANKARA (Reuters) – Five days before Turkey is due to start taking back illegal migrants from Greece under a landmark deal with the European Union, uncertainty remains over how many will come, how they will be processed, and where they will be housed. Turkey agreed with the EU this…