Comment on Prudential is freed from 'too big to fail' label and the tough oversight that came with it

Prudential is freed from 'too big to fail' label and the tough oversight that came with it

U.S. regulators agreed to stop labeling Prudential Financial Inc. as too big to fail, making the insurance company the last non-bank to escape a post-crisis designation subjecting firms to extra oversight. The Financial Stability Oversight Council agreed in a Tuesday vote that Prudential doesn’t...

 

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