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The Irish government plans to split insurance operations from the unprofitable bank unit.
The MetLife Bank unit had about $15.6 billion in total assets at the end of March, according to the company.
The investment bank unit posted strong trading revenue after a first-quarter rally in the fixed-income markets.
Last November, the bank announced that it would layoff 1,400 workers in its corporate and investment bank unit.
The bank unit responsible for losses takes positions to hedge activities in other parts of the bank.
Yes, UBS PaineWebber, as in UBS Warburg, the investment bank unit of UBS, which acquired the PaineWebber Group in November.
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The Securities and Exchange Commission charged three Hamilton Bancorp Inc. officers with securities fraud on Thursday, saying they hid "tremendous losses" at the company's Hamilton Bank unit before bank regulators shut it down last year.
And Credit Agricole, one of France's largest banks, beat a retreat from Greece this week by selling its Emporiki Bank unit here at the symbolic fire sale price of €1.
Allianz is in talks that might lead to a sale or merger of its Dresdner Bank unit and sees the "first apparently realistic possibility of a significant consolidation" in Germany's banking market.
An ING Bank unit is providing management and technical aid.
Last fall, Jamie McDonald left her executive position with a Deutsche Bank unit in Baltimore.
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