Entries tagged "American International Group Inc."

AIG's Nan Shan sale on hold?

AIG's biggest sale yet, the $2.7 billion disposal of Taiwan's Nan Shan Life, has reportedly come up against regulatory hurdles because the buyer is Chinese.

AIG's Benmosche is a drama queen

American International Group CEO Robert Benmosche has apparently told the insurer's board that he is considering stepping down due to government constraints over compensation.

Rodgin Cohen on Decade's end

In this edition of Decade of The Deal, Rodgin Cohen of Sullivan & Cromwell says that 2007 and 2008 provided the kind of challenges that even he found unprecedented.

Is it really time to junk AIG?

Reuters' Matthew Goldstein says it's time for the government to dismantle American International Group.

Should AIG's rescue package be revised?

American International Group's shares shot up to around $45 apiece on reports that the insurer's rescue package could be revised a fourth time.

Stephen Colbert reads The Deal

AIG CEO goes on vacation 'after only one day on the job,' chides Comedy Central's Stephen Colbert, a nugget of news Colbert & Co. picked up from The Deal.

Finance Layoffs: AIG, Wells Fargo and more

The latest layoff reports and rumors are at Wells Fargo, Taylor Bean & Whitaker, American International Group and AXA.

AIG to report earnings silently

American International Group will release second-quarter results Friday.

Auction for AIG investments unit stalls

Efforts to sell American International Group's asset management business have stalled after another week of negotiating.

AIG unit sale delay, may cause mass departures

If American International Group doesn't sell its broker dealer unit -- AIG Advisor Group -- by year's end, the insurer may not have much of a staff at the unit it's trying to divest.

AIG investors get $843M

More than 257,000 American International Group investors will receive over $843 million in a lawsuit settlement.

Deal stocks fuel market explosion

The Dow finished up 235.44, or 2.85%, to 8,504.08, while the Nasdaq finished up 52.22, or 3.11%, to 1,732.36.

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