U.S. regulators removed federal oversight of Prudential Financial Inc., granting the firm a victory after a yearslong effort to convince officials that it didn’t deserve tighter scrutiny from Washington. The Financial Stability Oversight Council unanimously rescinded Prudential’s designation as a “systemically important financial institution,” a label that comes with tighter scrutiny from the Federal Reserve.… Continue reading U.S. Regulators Rescind Federal Oversight of Prudential Financial
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