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MetLife to File Suit to Overturn SIFI Designation
Court for the District of Columbia the afternoon of Jan. 13. He couldn't comment further beyond the statement. "We had hoped to avoid litigation after we presented substantial and ...
Source: BestWire Date: January 13, 2015
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New York Fed Sells $7 Billion in Former AIG Assets
Maiden Lane II, to conduct the competitive sale after Goldman Sachs & Co. made an unsolicited offer in January to buy a portion of the assets. The four broker-dealers involved in ...
Source: BestWire Date: January 26, 2012
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Chartis to Cut Less Than 1% of Work Force
National Union Fire Insurance Company of Pittsburgh, Pa. The group's financial data is consolidated with the separately rated Lexington Insurance Pool and represents virtually all ...
Source: BestWire Date: October 4, 2011
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Judge: State Insurance Law Trumps Federal Arbitration Act
National Union Fire Insurance Co. to force arbitration with Source One Staffing. Bransten left the door open for the insurers to replead within 20 days. At issue is whether state ...
Source: BestWire Date: August 3, 2011
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AIG Repays Government Another $6.9 Billion
American International Group Inc. said it's taken some of the proceeds from the sale of American Life Insurance Co. to pay down another $6.9 billion in federal loans. AIG said it ...
Source: BestWire Date: March 9, 2011
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AIG Prepares to Take Big Step in Paying Back Federal Bailout
American International Group Inc. is poised to take a big step forward in repaying its government bailout on Jan. 14, as it expects to close on its recapitalization plan. The plan ...
Source: BestWire Date: January 13, 2011
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Analysts: Benmosche Has the Right Experience for AIG Job
American International Group Inc. as it seeks to restructure its businesses and restore financial stability, analysts said. "I believe it's a plus for AIG," said Marc Steinberg, an ...
Source: BestWire Date: August 4, 2009
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AIG Combines Polish Business With Santander Bank
American International Group Inc. is combining its Polish consumer finance operations with those of Santander Consumer Finance S.A., the company said. The AIG business, conducted ...
Source: BestWire Date: July 31, 2009
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AIG Subsidiaries Sell Majority Share of Loan Portfolios
American International Group Inc. has sold the majority of the U.S. life insurance premium finance business of AIG Credit Corp. and A.I. Credit Consumer Discount Co. to First ...
Source: BestWire Date: July 28, 2009
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AIG Forms New Company to Hold P/C Businesses
American International Group Inc. has moved forward with plans to establish its property/casualty and general insurance businesses under an independently managed company, renaming ...
Source: BestWire Date: July 27, 2009
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Iowa Senator Says AIG Withheld Executives' Bonuses in July
Federal officials have been told that American International Group Inc. has withheld executives' bonuses that were due this month, according to the ranking Republican on the Senate ...
Source: BestWire Date: July 23, 2009
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Morgan Stanley Selected as Fed Adviser for AIG Transactions
American International Group Inc., according to documents posted on the bank's Web site. Morgan Stanley potentially could earn tens of millions of dollars in its advisory role and ...
Source: BestWire Date: July 20, 2009
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