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MetLife Gets Approval to Deregister as Bank Holding Company

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  • Description

    FBN’s Adam Shapiro on MetLife’s decision to deregister as a bank holding company.

  • Duration 1:05
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Schapiro here Fox Business three Anheuser-Busch InBev is revising its more than twenty billion dollar proposed takeover of -- Mondello Mexico.

By making concessions to persuade American antitrust authorities to let that deal proceed.

Under the revised terms Anheuser-Busch InBev.

Has offered to sell the rights to Corona beer another group -- -- brands in the United States to Constellation Brands the world's largest wine company.

For nearly three billion dollars.

Insurer MetLife says it has received approval from both the Federal Reserve and the FDIC did do you register.

As a bank holding company MetLife sold nearly six and a half billion dollars in bank deposits to General Electric back again.

And in what could be an alternative to those high price Manhattan hotel rooms New York City mayor Michael Bloomberg.

-- to legalize them for profit youth hostels to draw -- younger tourists.

Bloomberg is made tourism and economic development priority during the last eleven years he's been in office.

This city estimates record 52 million tourists visited the Big Apple last year.