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American International Group

A collection of news and information related to American International Group published by this site and its partners.

Top American International Group Articles

Displaying items 12-22
  • Apax seeks $3 billion sale of healthcare IT firm TriZetto : sources

    NEW YORK (Reuters) - Private equity firm Apax Partners LLP is exploring a sale of U.S. healthcare information technology company TriZetto Corp, hoping to fetch as much as $3 billion including debt, according to people familiar with the matter. London-...
  • U.S. risk council takes next step in MetLife systemic review

    WASHINGTON (Reuters) - The top U.S. financial risk council has gathered enough evidence to decide whether insurer MetLife should be designated as a systemically important firm, a source familiar with the situation said. Closing the evidentiary record...
  • Even with flood insurance, basements are sunk

    Sometimes I think that Fate has it in for my hometown. Detroit has suffered through the oil embargo of the 1970s, the recessions of every decade since, and now, the epic biggest-ever municipal bankruptcy of all time. Plus, during all that time: the...
  • Pershing Square sues U.S. over Fannie Mae, Freddie Mac

    Pershing Square sues U.S. over Fannie Mae, Freddie Mac
    Pershing Square Capital Management LP, the hedge fund firm run by William Ackman, has sued the U.S. government, claiming that its stripping of Fannie Mae's and Freddie Mac's profit illegally short changes investors in the mortgage companies' common stock....
  • The day ahead in business

    The day ahead in business
    Reports: None Local earnings: Acura Pharmaceuticals Inc., ANI Pharmaceuticals Inc., CNA Financial Corp., Landauer Inc., Strategic Hotels & Resorts Inc. Other major earnings: American International Group Inc., Loews Corp., Marathon Oil Corp. and others
  • JPMorgan CEO Dimon says he has curable throat cancer

    JPMorgan CEO Dimon says he has curable throat cancer
    NEW YORK - JPMorgan Chase & Co Chief Executive Officer Jamie Dimon said he has been diagnosed with curable throat cancer and he plans to remain actively involved in the largest U.S. bank's business. In a memo to the bank's employees and shareholders...
  • Executive profile: Thomas Motamed of CNA Financial

    Executive profile: Thomas Motamed of CNA Financial
    Thomas Motamed, fresh out of law school, found the legal profession too dry. So at a friend's suggestion, he tried another field he thought might be more interesting: peddling life insurance. But that got old fast. "I really didn't like sitting...
  • Bank of America earnings tumble 43% on mortgage litigation costs

    Bank of America Corp.'s second-quarter earnings plunged 43% as the nation's second-largest bank recorded 4 billion additional reasons to regret its 2008 purchase of high-risk home lender Countrywide Financial Corp. in Calabasas. Bank of America said...
  • Q&A With Voya Financial CEO Rodney Martin

     Q&A With Voya Financial CEO Rodney Martin
    — Voya Financial Chairman and CEO Rodney O. Martin Jr. came to the company in 2011 at a critical time, just as it was about to separate from its former Dutch parent, ING Groep N.V., and venture out on its own. The separation required a rebranding,...
  • Timothy Geithner unapologetic in memoir of the financial crisis

    Former Treasury Secretary Timothy F. Geithner never seemed to fit in the nation’s capital. And he knew it. He begins his memoir, “Stress Test: Reflections on Financial Crises,” by admitting that he was “an unorthodox choice&...
  • U.S. Fed Hires Former Connecticut Insurance Chief To Oversee AIG, Prudential

    U.S. Fed Hires Former Connecticut Insurance Chief To Oversee AIG, Prudential
    Insurance companies large enough that their failure could disrupt the U.S. economy will face a familiar regulator as former Connecticut Insurance Commissioner Thomas R. Sullivan starts a newly created position next week at the U.S. Federal Reserve....