MetLife says 2013 forecast assumes no buybacks

Thu Dec 13, 2012 8:21am EST

Dec 13 (Reuters) - MetLife Inc's 2013 earnings forecast assumes no share buybacks, the company's chief executive said on Thursday.

The Federal Reserve has twice blocked MetLife from buying back stock, a consequence of the bank holding company charter the insurer is trying to shed.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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