Wall Street stocks are set to build on nearly year-and-a-half highs as they face next week's key economic reports and the US Federal Reserve's monetary policy meeting. "We are in the process of testing our highs from mid-January on the S&P 500," ...
Taiwan aims to make a decision by the end of June on the controversial sale of the local unit of American International Group (AIG) to a Hong Kong consortium, a top economic official said Thursday. Deputy economic minister Hwang Jung-chiou also told ...
AIG aircraft unit's loan sales garner demand; to provide add'l funding ahead of possible sale International Lease Finance Corp., the aircraft-leasing unit of American International Group Inc., is looking to raise $1.3 billion in loan offerings as it seeks new funds to ...
NEW YORK (Reuters) - Shares in several big financial companies bailed out by the U.S. government rose on Wednesday on what analysts said were momentum bets and short-covering on hopes the entities were on the road to recovery. The run-up that built ...
(Reuters) - American International Group Inc <AIG.N> has formulated a new "forced ranking" system to determine bonuses and rate employee performance, Wall Street Journal said, citing people familiar with the matter. AIG, which was bailed out by the U.S. government at the ...
Bailed out companies see shares rise on hopes that government rescues could be winding down Shares of four companies that have received huge infusions of taxpayer cash soared Tuesday after a report that the government would sell its stake in Citigroup Inc. ...
NEW YORK (Reuters) - The shares of companies bailed out by the U.S. government during the financial crisis surged on Tuesday, fueled by speculation about money-making asset sales, cheap valuations and a recovery. Citigroup Inc <C.N> stock rose as much as 8.4 ...
Lenders accountable for higher broker fees charged to minority borrowers Two subsidiaries of American International Group (AIG) Inc. have agreed to pay a minimum of $6.1 million to resolve charges that they engaged in a pattern or practice of discrimination against black ...
AIG deals with insurers take No. 1 and No. 5 spots so far in 2010 globally, says Dealogic The pace of mergers and acquisitions is gaining speed in 2010 thanks to American International Group Inc. MetLife Inc.'s $15.5 billion deal Monday to ...
Summary Box: AIG sells Alico to MetLife for $15.5B in ongoing bid to payback government THE SALE: American International Group Inc. sold its American Life Insurance Co. division, or Alico, to MetLife Inc. for $15.5 billion. The deal is AIG's second big ...
