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AIG seeks Sept 21 approval for AIA IPO: sources

Posted by Reuters: Business News on September 7, 2010

HONG KONG (Reuters) – American International Group Inc plans to seek Hong Kong listing committee approval on September 21, to list its Asian life insurance unit, aiming to raise about $15 billion, two sources with direct knowledge of the deal said on Tuesday.



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Obama financial reforms advance in Congress

Posted by Reuters: Business News on October 27, 2009

WASHINGTON (Reuters) – The Obama administration made gains on Tuesday in its push for U.S. financial reform, unveiling a landmark bill to tackle systemic risk in the economy and winning congressional committee approval for a measure to expose hedge funds to more government scrutiny.


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