(Bloomberg) – For MetLife Inc. Chief Executive Officer Steve Kandarian, the Donald Trump era looks like just what he's been waiting for.
After complaining for years about capital standards, proposed sales restrictions and low bond yields that pressure investment income on the company's fixed-income portfolio, the CEO sees promise.
"The prospect of higher interest rates and a more favorable regulatory environment, together with our new enterprise strategy, capital management and expense discipline, position us for value creation," he said Wednesday in a statement with fourth-quarter results.
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