financial plan News

China laid out more specific plans to turn Shanghai into a global financial center by 2020, listing a series of targets for the next three years to make the city a hub for yuan trading. The plan for Shanghai’s financial …

Bailed-out insurer American International Group Inc. set up a plan to protect tens of billions of dollars in valuable tax assets by discouraging investors from taking large new positions in the company. As of year-end, AIG had what is known …