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Top executives at troubled insurer American International Group have been struggling financially after taking personal losses in the wake of the near-collapse of the company last year, AIG's chief executive Robert Benmosche told the Wall Street Journal in an interview.
American International Group Inc., the bailed out insurer beset by executive pay restrictions, has parted ways with its head of human resources, leaving open a key vacancy in the midst of fragile ...
Photograph by dietrich on Flickr A Treasury report suggests that the government will, as the NY Times reports, "recover all but $42 billion of the $370 billion it has lent to ailing companies since the financial crisis began last year, with the portion lent to banks actually showing a slight profit." The Obama administration had estimated TARP-related losses of $341 billion. The Times offers up ...
LONDON (SHARECAST) - The Treasury Department expects to recover all but $42bn of the $370bn it has lent to ailing companies since the financial crisis began last year, with the portion lent to banks actually showing a slight profit, according to a new Treasury report.
The $700 billion Troubled Asset Relief Program has been flexible enough to boost bank capital, bail out Detroit automakers and AIG, and encourage...
NEW YORK—The decision by American International Group Inc. and former executives Maurice R. Greenberg and Howard I. Smith to settle all pending legal disputes is a net gain for both sides, according to industry observers.
CHICAGO -(Dow Jones)- A little-known U.S. aviation firm said Monday it had offered $12 billion to acquire the aircraft leasing unit of American International Group Inc. (AIG).
AIG could raise billions of dollars with the IPO of its Asian Life insurance unit in Hong Kong.
TAIPEI (MarketWatch) -- Primus Financial Holdings Ltd. will resubmit its consortium's application to buy Nan Shan Life Insurance Co. from American International Group Inc. (AIG) to Taiwan regulators this week, the Apple Daily reported Monday, citing unnamed Primus executives.
TAIPEI -(Dow Jones)- Hong Kong's China Strategic Holdings Ltd. (0235.HK) and Primus Financial Holdings Ltd. plan to resubmit their application to acquire American International Group Inc.'s (AIG) Taiwan life insurance unit before the end of the year, China Strategic Chief Executive Raymond Or said Monday.
Bailed-out US insurance giant AIG said Thursday it had chosen Hong Kong as the venue for a planned listing of its Asian subsidiary AIA.
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