Published on May,17 2012 - by Bloomberg
...rne, Agee & Leach Inc. in Dallas. “The demand was obviously quite strong so I think it’s the right move.” AIG Slumps American International Group Inc. retreated 6.5 percent, the biggest decline since Oct. 3, to $28...
Published on May,17 2012 - by Reuters
...insurance business and others saying investors were taking profits. On Tuesday, Barclays analyst Jay Gelb said AIG may need to increase loss reserves at Chartis. The company's SunAmerica life insurance business is also u...
Published on May,17 2012 - by Reuters
(Reuters) - Nine creditors of Residential Capital LLC, including the insurers American International Group Inc and Allstate Corp, were selected to join the unsecured creditors committee for the mortgage lender's ...
Published on May,16 2012 - by Reuters
...irm's possible interest in acquiring a commercial bank or insurance giant American International Group Inc <AIG.N>. The information is not included in the charges against Gupta. His main lawyer, Gary Naftalis, argu...
Published on May,16 2012 - by Reuters
...large swings in AIG's earnings since then, with quarterly gains or losses of more than $1 billion commonplace. AIG sold part of the stake in March, raising around $6 billion and leaving it with 18.6 percent of AIA, one o...
Published on May,16 2012
...uds today. But think about why. Here we are four years after the collapse of Bear Stearns, Lehman Brothers and AIG, and we're still working toward implementing the rules that Congress and the president put in place to ke...
Published on May,15 2012 - by Bloomberg
... interview. Hotchkis & Wiley Capital Management LLC, a Los Angeles- based money manager, added 8.6 million AIG shares last quarter, boosting its stake to 14.3 million, while Tradewinds Global Investors LLC, a unit of...
Published on May,15 2012 - by Bloomberg
...es computer models to pick trades, increased its stake by 2.2 million shares to 5.5 million, its filing shows. AIG’s shares increased 33 percent in the first quarter as the New York-based firm repaid part of its U.S. gov...
Published on May,15 2012 - by Reuters
...or comment. JPMorgan declined to comment on the letters. "If we find out that this is yet another example like AIG where information was not trickling up to the risk committee, that is one kind of risk management problem...
Published on May,15 2012 - by Forbes
...n ta refunds tied to a Dutch tax shelter than had been created by a unit of AIG, Retuers reports. The strategy AIG dreamed up involved trading derivatives with the aim of generating capital losses and foreign tax credits...