Triple

Given a phrase, classify it is english named entity (e.g., persons, organizations, works of art) in Latin script, or not (e.g., literals, dates, URLs, verbose phrases). For disambiguation, the statement where the phrase occurs as object is also given. Please return a JSON object with `phrase` (string, the phrase being analyzed) and `is_ne` (boolean, indicating whether the phrase is a Named Entity).

Phrase: MetLife Bank (former) | Statement: [MetLife, hasSubsidiary, MetLife Bank (former)]

Target entity: MetLife Bank (former)
Context triple: [MetLife, hasSubsidiary, MetLife Bank (former)]

• A. MetLife
  MetLife is a major American insurance and financial services company best known for providing life, dental, disability, and other insurance products worldwide.
• B. Shawmut Bank
  Shawmut Bank was a major New England-based commercial bank that played a prominent role in regional finance before being acquired in the 1990s.
• C. Chase Manhattan Bank
  Chase Manhattan Bank was a major American commercial and investment bank based in New York City that became one of the largest financial institutions in the United States before merging into JPMorgan Chase.
• D. Bank One Corporation
  Bank One Corporation was a major U.S. bank holding company that became one of the nation’s largest banks before its 2004 acquisition by JPMorgan Chase.
• E. Citibank
  Citibank is a major global banking and financial services institution headquartered in the United States, known for its extensive international retail and corporate banking operations.
• F. None of above. chosen
• G. Unsure - the case is ambiguous/there is not enough information to decide.

Generate a one-sentence description of the target entity. 
You are given a context triple in the form (subject, predicate, object), where the object is the target entity. 
# Instructions
Use the triple to infer relevant information about the entity. Describe the entity based on what is most defining, well-known. 
Avoid repeating the information from the triple, unless really essential.
# Response Format
Return only the sentence: "Description: [one-sentence description of the target entity]"

Entity: MetLife Bank (former)
Triple: [MetLife, hasSubsidiary, MetLife Bank (former)]

MetLife Bank (former) was a banking subsidiary of MetLife that offered retail banking and mortgage services in the United States before exiting the banking business.

Target entity: MetLife Bank (former)
Target entity description: MetLife Bank (former) was a banking subsidiary of MetLife that offered retail banking and mortgage services in the United States before exiting the banking business.

• A. MetLife chosen
  MetLife is a major American insurance and financial services company best known for providing life, dental, disability, and other insurance products worldwide.
• B. Shawmut Bank
  Shawmut Bank was a major New England-based commercial bank that played a prominent role in regional finance before being acquired in the 1990s.
• C. Chase Manhattan Bank
  Chase Manhattan Bank was a major American commercial and investment bank based in New York City that became one of the largest financial institutions in the United States before merging into JPMorgan Chase.
• D. Bank One Corporation
  Bank One Corporation was a major U.S. bank holding company that became one of the nation’s largest banks before its 2004 acquisition by JPMorgan Chase.
• E. Citibank
  Citibank is a major global banking and financial services institution headquartered in the United States, known for its extensive international retail and corporate banking operations.
• F. None of above.