News: American International Group Inc (AIG.N)

AIG.N on New York Stock Exchange

47.07USD
1 Aug 2013
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$1.56 (+3.43%)
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Thu, Aug 1 2013

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AIG, Chinese group still in talks on $4.8 billion ILFC deal: sources

HONG KONG/NEW YORK - U.S. insurer American International Group Inc is still in talks about selling its aircraft leasing unit to a Chinese consortium after missing a July 31 deadline to close the $4.8 billion deal, sources said.

RPT-AIG, Chinese group still in talks on $4.8 bln ILFC deal-sources

HONG KONG/NEW YORK, Aug 2 - U.S. insurer American International Group Inc is still in talks about selling its aircraft leasing unit to a Chinese consortium after missing a July 31 deadline to close the $4.8 billion deal, sources said.

AIG, Chinese group still in talks on $4.8 bln ILFC deal-sources

HONG KONG/NEW YORK, Aug 2 - U.S. insurer American International Group Inc is still in talks about selling its aircraft leasing unit to a Chinese consortium after missing a July 31 deadline to close the $4.8 billion deal, sources said.

UPDATE 3-AIG investors cheer first capital return since bailout

* Shares rise 6 pct after the bell (Adds background, analyst comment, life insurance unit results; updates shares)

Judge says Bernanke should testify in AIG bailout lawsuit

- A U.S. judge ruled on Monday that Federal Reserve Chairman Ben Bernanke should testify in the multibillion-dollar lawsuit by the former chief of American International Group Inc , Maurice "Hank" Greenberg, against the United States over the insurer's 2008 bailout.

UPDATE 2-Judge says Bernanke should testify in AIG bailout lawsuit

* AIG suit filed by Maurice Greenberg's Starr International

Asia Private Equity Weekly News, July 22, 2013

July 22 - News and developments in Asia private equity from Reuters News for the week ending July 19.

G20 requires big insurers to hold more capital

LONDON - Top insurers will have to hold more capital from 2019 to cover risks they pose to the financial system should they go bust, global regulators said on Thursday.

Bernanke must defend actions in AIG bailout case -Greenberg's Starr

July 16 - Federal Reserve Chairman Ben Bernanke was the final authority on the "punitive" 2008 bailout of American International Group Inc and should testify about how and why it happened, a company run by the insurer's former chief executive said.

Former AIG chief Greenberg sues Eliot Spitzer for defamation

- Former American International Group Chief Executive Maurice "Hank" Greenberg sued Eliot Spitzer on Friday, alleging the former New York governor defamed him in several statements to the press, according to the lawsuit.

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