22/12/2014 05:34:36 Free Membership Login

American International News (NYSE:AIG)

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12/19/20147:35PMDJNAlly Financial Exits TARP as Treasury Sells Remaining Stake -- 3rd Update
By Ryan Tracy, Julie Steinberg and Telis Demos WASHINGTON--The U.S. government closed a chapter in financial-crisis history Friday when it sold its remaining shares of Ally Financial Inc. and shuttered its auto-bailout program, ending the last major pieces of a $426 billion rescue package that saved a swath of U.S. companies... More...>>
12/15/20149:00AMBWAIG Announces AG Platinum Choice VUL
Innovation in variable universal life insurance offers protection, choice and opportunity American International Group, Inc. (NYSE: AIG) today announced the launch of AG Platinum Choice VUL, variable universal life insurance issued by American General Life Insurance Company with a flexible design that provides death benefit... More...>>
12/12/201411:07AMDJNMetLife to Buy Back $1 Billion More in Shares as Ruling Awaits
By Leslie Scism MetLife. Inc. said its board has approved another $1 billion purchase of its common stock, as the company expects to be named "systemically important" by a new panel of federal regulators and therefore potentially subject to stiff but yet-to-be-determined capital rules. The nation's largest U.S. life insurer... More...>>
12/08/20144:26AMDJNBerkshire Hathaway Wins Singapore Insurance License
By Enda Curran Warren Buffett's Berkshire Hathaway Inc. has won a license to sell nonlife insurance in Singapore, the first such permit in Asia for the U.S. conglomerate as it builds an insurance business across the region. Berkshire Hathaway Specialty Insurance, which provides commercial property, casualty and other types... More...>>
11/26/20146:36PMDJNFed May Tailor Rules for Systemically Important Nonbank Firms
By Victoria McGrane and Ryan Tracy WASHINGTON--The Federal Reserve's proposed rules for General Electric Co.'s GE Capital unit indicate the Fed is willing to tailor regulations for "systemically important" nonbank financial firms. Whether it has the power to do so remains an open question. On Tuesday, the Fed released... More...>>
11/23/20148:34PMDJNAIG Case May Turn on Nonstar Witnesses
By Leslie Scism WASHINGTON--The headlines in the long-running trial over the bailout of American International Group Inc. have been dominated by three heavy hitters who testified--and one who didn't. But as testimony likely wraps up Monday after eight weeks, legal observers said two low-profile witnesses from early in... More...>>
11/23/20148:12PMDJNAIG Trial Could Turn On Nonstar Witnesses
(FROM THE WALL STREET JOURNAL 11/24/14) By Leslie Scism WASHINGTON -- The headlines in the long-running trial over the bailout of American International Group Inc. have been dominated by three heavy hitters who testified -- and one who didn't. But as testimony likely wraps up Monday after eight weeks, legal observers said... More...>>
11/21/201410:37AMDJNDow Chemical, Third Point Settle Board Dispute--Update
By David Benoit And Joann S. Lublin Dow Chemical Co. and Third Point LLC settled a looming proxy fight Friday by adding four new directors next year, including two the activist investor had proposed. Third Point also agreed to a one-year standstill agreement, meaning the firm won't publicly criticize the chemicals company... More...>>
11/21/20149:50AMDJNDow Chemical, Third Point Settle Board Dispute
Dow Chemical Co. and Third Point LLC settled a looming proxy fight Friday by adding four new directors next year, including two the activist investor had proposed. Third Point also agreed to a one-year standstill agreement, meaning the firm won't publicly criticize the chemicals company. The settlement comes a week after... More...>>
11/21/20149:49AMDJNDow Chemical, Third Point Settle Board Dispute--Update
By David Benoit And Joann S. Lublin Dow Chemical Co. and Third Point LLC settled a looming proxy fight Friday by adding four new directors next year, including two the activist investor had proposed. Third Point also agreed to a one-year standstill agreement, meaning the firm won't publicly criticize the chemicals company... More...>>
11/21/20149:35AMDJNDow Chemical, Third Point Settle Board Dispute
By David Benoit And Joann S. Lublin Dow Chemical Co. and Third Point LLC settled a looming proxy fight Friday by adding four new directors next year, including two the activist investor had proposed. Third Point also agreed to a one-year standstill agreement, meaning the firm won't publicly criticize the chemicals company... More...>>
11/20/20144:18PMBWThe Securities Arbitration Law Firm of Klayman & Toskes Investigates LPL Financial & VALIC Financial Advisors Relating to the...
The Securities Arbitration Law Firm of Klayman & Toskes, P.A., www.nasd-law.com, announced today that it is investigating LPL Financial (“LPL”) (NasdaqGS: LPLA) and VALIC Financial Advisors (“VALIC”), a part of American International Group (NYSE: AIG), relating to the supervision of Jodie Linn Miller (“Miller”... More...>>
11/19/20149:48PMDJNCorrection to OneMain Article
OneMain is based in Baltimore. "Springleaf, Centerbridge Weigh Bids for Citigroup's OneMain," at 7:14 p.m. EST, misstated where the company is headquartered in the second paragraph. The error also appeared in versions of the story at 6:52 p.m., 6:53 p.m. and 7:08 p.m. Subscribe to WSJ: http://online.wsj.com?mod=djnwires... More...>>
11/19/20147:44PMDJNSpringleaf, Centerbridge Weigh Bids for Citigroup's OneMain
By Mike Spector, Christina Rexrode and Gillian Tan Subprime lender Springleaf Holdings Inc. and private-equity firm Centerbridge Partners LP are among those separately weighing initial bids for Citigroup Inc.'s U.S. subprime lending business ahead of a Thursday deadline, said people familiar with the matter. The sale process... More...>>
11/19/20147:38PMDJNSpringleaf, Centerbridge Weigh Bids for Citigroup's OneMain
By Mike Spector, Christina Rexrode and Gillian Tan Subprime lender Springleaf Holdings Inc. and private-equity firm Centerbridge Partners LP are among those separately weighing initial bids for Citigroup Inc.'s U.S. subprime lending business ahead of a Thursday deadline, said people familiar with the matter. The sale process... More...>>
11/17/20149:30AMBWAIG Names Rhodri Williams Vice President, Communications and Public Affairs for Europe, Middle East, and Africa
American International Group (NYSE:AIG) today announced the appointment of Rhodri Williams to the newly created role of Vice President for Communications and Public Affairs for Europe, Middle East, and Africa (EMEA) effective January 1, 2015. Mr. Williams will report to Christina Pretto, Senior Vice President, Corporate... More...>>
11/13/20144:30PMBWAIG Appoints Charlie Shamieh CEO Life, Health, and Disability Insurance; Alessa Quane Named Corporate Chief Actuary
American International Group, Inc. (NYSE: AIG) announced today that it has named Charlie Shamieh Chief Executive Officer, Life, Health, and Disability Insurance. Alessa Quane, currently Chief Risk Officer for Commercial Insurance, will assume Mr. Shamieh’s responsibilities as Corporate Chief Actuary, overseeing Global... More...>>
11/11/201412:00PMBWAIG Introduces Polaris Select InvestorSM—A New Variable Annuity with a Deep and Broad Investment Platform
Polaris Select InvestorSM offers potential for long-term investment accumulation needs. American International Group, Inc. (NYSE: AIG) today announced the launch of Polaris Select Investor, a new variable annuity that offers clients a deep and broad investment platform for their long-term investment accumulation needs... More...>>
11/03/20145:04PMDJNMARKET SNAPSHOT: U.S. Stocks End Choppy Session Lower
By Anora Mahmudova and Barbara Kollmeyer, MarketWatch NEW YORK (MarketWatch) -- The U.S. stock market ended Monday's choppy session slightly lower, as the S&P 500 and Dow Jones Industrial Average retreated from fresh intraday records shortly after hitting them in morning trade. Trading activity, however, has been relatively... More...>>
11/03/20144:42PMDJNMARKET SNAPSHOT: U.S. Stocks End Choppy Session Lower
By Anora Mahmudova and Barbara Kollmeyer, MarketWatch NEW YORK (MarketWatch) -- The U.S. stock market ended Monday's choppy session slightly lower, as the S&P 500 and Dow Jones Industrial Average retreated from fresh intraday records shortly after hitting them in morning trade. Trading activity, however, has been relatively... More...>>


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