Treasury Sells AIG Shares at Slight Profit May 25, 2011 By Clare Baldwin and Pedro da Costa The U.S. Treasury is barely breaking even on its investment in beleaguered insurance giant American International Group Inc., according to...
Condo Owners File Suit over Fees at Chartis-Owned Ski Resort May 16, 2011 By Dave Gram When he signed to buy a condo at Vermont’s Stowe Mountain Resort, Patrick Sullivan was told his share of fees...
AIG, U.S. Treasury to Sell Nearly $9 Billion in Stock May 11, 2011 By Ben Berkowitz American International Group and the U.S. Treasury said Wednesday they will sell just under $9 billion in AIG stock, suggesting...
AIG Shares Fall Further, Put Pressure on Treasury May 10, 2011 By Ben Berkowitz and Clare Baldwin Later this month investors will get a chance to buy into the revived American International Group, but dreams of a...
UK Probes Banks over Prudential’s Failed AIA Bid Say Sources April 21, 2011 By Douwe Miedema and Sudip Kar-Gupta Britain is probing investment banks over insurer Prudential Plc’s failed $35.5 billion bid for rival AIG’s Asian business, AIA, last...
Juhas Named to Head AIG Strategic Planning April 13, 2011 Peter Juhas has been named head of Strategic Planning by American International Group Inc. (AIG). Juhas will be responsible for...
AIG Urges Taiwan Unit Employees to Support Sale April 12, 2011 By Faith Hung American International Group Inc. has urged staff at Taiwan unit Nan Shan Life Insurance Co. Ltd to voice their support...
Federal Reserve Plans 2 Auctions of AIG Mortgage Securities April 11, 2011 By Al Yoon The Federal Reserve Bank of New York is planning two auctions of risky mortgage-backed securities from its Maiden Lane II...
AIG Busy Investing Its Cash, May Bid on Bonds April 5, 2011 By Adam Tanner Bailed-out insurer American International Group is working hard to invest cash it had set aside for a failed deal to...
No Raise for AIG Chief Benmosche, Others at Bailed Out Firms April 4, 2011 Compensation packages for the chief executives of bailed-out firms American International Group, Ally Financial and General Motors will not increase...