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American International Group Inc. (AIG) was blocked from pursuing some of its claims against Bank of America Corp .’s Countrywide unit that are part of a lawsuit over $10 billion in losses related to residential mortgage-backed securities.
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) announced today that Peter D. Hancock, Chief Executive Officer of Chartis, AIG’s global property casualty business, is scheduled to present at the Sanford C. Bernstein Strategic Decisions Conference 2012 on Thursday, May 31, 2012 at 4:00 p.m. ET. A link to the audio webcast will be posted in the Investor section of AIG’s ...
Four former executives at General Reinsurance Corp. and one at American International Group Inc. (AIG) are in discussions to resolve criminal charges that they defrauded AIG investors by using a sham transaction to inflate AIG’s loss reserves by $500 million.
(Reuters) - Four former executives at Berkshire Hathaway Inc's General Re Corp and one at American International Group Inc are in talks to settle a long-running criminal case accusing them of engineering a reinsurance transaction that fraudulently boosted AIG's loss reserves. The talks were disclosed in a Thursday court filing, nearly 10 months after the 2nd U.S. Circuit Court of Appeals in New ...
Fitch reiterated IDR of 'BBB' of AIG with positive outlook and affirmed all other ratings. Fitch assigned BBB while S&P gave 'A-' rating to AIG's newly issued 4.875% $750 million senior notes.
Judge Dismisses Some AIG Claims Against BofA Over Countrywide Bonds
American International Group Inc. (NYSE: AIG) was partially rebuffed in its effort to get $10 billion out of Bank of America Corp. (NYSE: BAC) Wednesday, as a Los Angeles U.S. district judge dismissed some of the New York re-insurer's claims in its securities lawsuit against the giant Charlotte, North Carolina- bank.
American International Group Inc. (AIG) , the bailed-out insurer, is comfortable taking “ liquidity risk ” in its investment portfolio as it seeks to improve returns amid low interest rates, the head of its largest unit said.
By Dheeraj Grover. Read more » » Check out Whitney Tilson Stock Picks » Download GuruFolio Report of Whitney Tilson (Updated on 05/26/2012) Related Stocks: AIG ,
Four former executives at Berkshire Hathaway Inc's General Re Corp and one at American International Group Inc are in talks to settle a long-running criminal case accusing them of engineering a reinsurance ...
AIG-FP MATCHED FUNDING IRELAND PLC 21 st May 2012 Repurchase Settlement Date ISIN Issuer Pre Repurchase Balance Nominal Amount Post Repurchase Balance CCY 04-May-12 XS0343803929 AIG-FP MATCHED FUNDING ...
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