JOURNAL ARTICLE

MetLife Weighs Private Credit M&A to Bolster Earnings Growth.

  • Published In: Bloomberg.com, 2024. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Rajbhandari, Alexandre 3 of 3

Abstract

MetLife Inc. is considering acquisitions in private credit as part of its new strategic plan to bolster earnings growth, according to Chief Financial Officer John McCallion. The company's private credit business has originated about $117 billion of assets since 2019, spanning various sectors. MetLife aims to increase its adjusted return on equity and generate double-digit growth in adjusted earnings per share over the next five years. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2024/12, pN.PAG
  • Document Type:Article
  • Subject Area:History
  • Publication Date:2024
  • Accession Number:181623304
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