AIG, GE Capital Accept Systemically Important Designations July 10, 2013 By Ian Katz and Zachary Tracer American International Group Inc. and General Electric Co.’s finance unit were designated systemically important by U.S. regulators, a ruling the...
Prudential Will Appeal SIFI Designation; AIG, GE Will Not July 3, 2013 By Zachary Tracer and Tim Catts Prudential Financial Inc., the No. 2 U.S. life insurer, is contesting a U.S. finding that it poses a potential risk...
Insurers, State Regulators Try to Block Bank-Like Rules by Federal Reserve July 3, 2013 By Craig Torres and Zachary Tracer MetLife Inc. and Prudential Financial Inc. have been joined by state regulators challenging the Federal Reserve on how to oversee...
AIG CEO Comments on ILFC Sale, ‘Systemically Important’ Classification June 5, 2013 By Noah Buhayar American International Group Inc. Chief Executive Officer Robert Benmosche raised doubt about whether the company will complete a sale of...
Council Proposes AIG, Prudential, GE Capital as Systemically Important, Due Extra Scrutiny June 4, 2013 By Emily Stephenson U.S. regulators on Monday proposed designating American International Group Inc., Prudential Financial Inc. and GE Capital for heightened regulatory oversight,...
Financial Oversight Panel Eyes Prudential As ‘Systemically Important’ October 19, 2012 By Emily Stephenson and Sarah N. Lynch The new U.S. risk council has moved closer to deciding whether Prudential Financial is “systemically important,” a Prudential spokesman said...
AIG Targeted as Likely ‘Systemically Important’ Financial Firm October 2, 2012 Insurance giant American International Group Inc. said that it has received a notice from the Financial Stability Oversight Council (FSOC)...
Dodd-Frank Council to Proceed with Picking ‘Systemic’ Nonbank Firms September 28, 2012 The Financial Stability Oversight Council voted to move a group of non-banking financial companies forward in a process that will...
Moody’s Reports on Proposed Systemic Risk Rules for Insurers November 8, 2011 A key ratings agency says that recently proposed guidelines for identifying which insurers would qualify as systemic risks represent an...