Posted by Reuters: Business News on January 17, 2012
HONG KONG (Reuters) – AIA Group Ltd , Asia’s No.3 insurer and about one-third owned by American International Group Inc , may bid for the $6 billion Asian insurance operations of ING Groep , sources said, with the prospective sale expected to draw heavy interest from rivals.
Posted by Reuters: Business News on December 23, 2011
(Reuters) – American International Group Inc CEO Robert Benmosche has told the company’s directors that he would like to remain in his job longer than previously planned, the Wall Street Journal reported on its website.
Posted by Reuters: Business News on October 21, 2011
(Reuters) – A federal judge has rejected American International Group Inc’s request to move its $10 billion mortgage fraud lawsuit against Bank of America Corp back to a New York state court, where it was originally filed, from federal court.
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Posted by Reuters: Business News on September 23, 2011
NEW YORK (Reuters) – A Bank of America Corp shareholder sued the bank on Friday for what he said was a failure to disclose it potentially owes more than $10 billion to American International Group Inc in connection with mortgage-backed securities.
Posted by Reuters: Business News on May 26, 2011
NEW YORK (Reuters) – Shares of American International Group Inc fell 4 percent on Wednesday as investors recognized that the U.S. government’s exit from the insurer could take a long time.
Posted by Reuters: Business News on May 25, 2011
NEW YORK (Reuters) – Shares of American International Group Inc fell 3.6 percent on Wednesday after the insurer and the U.S. Treasury sold $8.7 billion worth of AIG stock.
Posted by Reuters: Business News on
NEW YORK/WASHINGTON (Reuters) – The U.S. Treasury made a small profit when it sold a portion of its shares in American International Group Inc on Tuesday, but it was unclear how its investment in the beleaguered insurer will ultimately fare.
Posted by Reuters: Business News on
NEW YORK/WASHINGTON (Reuters) – The Treasury is barely breaking even on its investment in beleaguered insurance giant American International Group Inc, according to an early litmus test of market interest in the firm’s stock.
Posted by Reuters: Business News on May 24, 2011
NEW YORK (Reuters) – The U.S. Treasury will take the first step toward exiting its 92 percent stake in American International Group Inc on Tuesday when the insurer prices its stock offering.
Posted by Reuters: Business News on May 16, 2011
NEW YORK (Reuters) – Underwriters for the planned $9 billion stock sale by American International Group Inc and the Treasury have indications of interest from investors for about half the offering, the Wall Street Journal reported on Sunday, citing people familiar with the matter.
