MetLife designation by regulators as 'too big to fail' is premature: CEO Kandarian

MetLife is filing legal action in federal court on Tuesday to try to overturn the designation by U.S. regulators that the insurer is a too big too fail.. MetLife Chairman and CEO Steven Kandarian told CNBC that regulators "got this one wrong." The Financial Stability Oversight Council's designation is premature, MetLife said in a statement, because the rules...