Britain’s Financial Services Authority (FSA) will publish Wednesday a blueprint for a shake-up of global banking regulations aimed at preventing...
Economy News
The Obama administration turned up the heat on AIG Tuesday over its employee bonuses, saying the embattled insurer will be...
American International Group CEO and Chairman Edward Liddy is among those scheduled to testify before a House subcomittee today on...
Public anger over the bailout of U.S. financial firms is understandable, but taxpayers should know that American International Group plans...
The percentage of auto loans past due 60 days or more rose 8.9 percent in the fourth quarter of 2008,...
American International Group Financial Products (AIGFP) employees who received retention bonuses in excess of $100,000 have been asked to return...
Barack Obama is scrambling to assure Americans he is keenly aware of public outrage over taxpayer-backed bonuses for AIG executives,...
Standard & Poor’s Ratings Services has lowered its counterparty credit ratings on Bermuda-based Everest Re Group Ltd. and its U.S.-based...
The U.S. Treasury is expected to propose within days the creation of a “systemic risk regulator,” probably the Federal Reserve,...
Investigations by The New York State Insurance Department Frauds Bureau led to 755 arrests in 2008 — a slight increase...