American International Group is selling part of its stake in AIA Group to raise about $6 billion to help the U.S. insurer repay a huge federal government bail-out. AIG is looking to place some 1.7 billion AIA shares in a …
European Union leaders are poised to hold an emergency summit after finance ministers acknowledged for the first time that some form of Greek default may be needed to cut Athens’ debts and stop contagion to Italy and Spain. “There will …
Dutch financial services group ING said on Thursday it was on track to list its U.S., European and Asian insurance units and to divest other businesses to repay state aid. ING, which received €10 billion [$14.8832 billion] of state aid …
