MetLife 2013 Annual Report Download - page 13

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In connection with the MetLife Bank Divestiture referred to above, on January 11, 2013, MetLife Bank and MetLife, Inc. completed the sale of the
depository business of MetLife Bank to GE Capital Retail Bank. Subsequently, MetLife Bank terminated its deposit insurance and MetLife, Inc.
deregistered as a bank holding company. Additionally, in August 2013, MetLife Bank merged with and into MLHL, a non-bank affiliate. As a result,
MetLife is no longer regulated as a bank holding company or subject to enhanced supervision and prudential standards as a bank holding company
with assets of $50 billion or more. However, if, in the future, MetLife, Inc. is designated by the FSOC as a non-bank systemically important financial
institution (“non-bank SIFI”), it could once again be subject to regulation by the Board of Governors of the Federal Reserve System (“Federal Reserve
Board”) and to enhanced supervision and prudential standards. See “Business — Enhanced Prudential Standards for Non-Bank SIFIs” in MetLife’s
Annual Report on Form 10-K for the year ended December 31, 2013 (the “2013 Form 10-K”).
MetLife, Inc. 5