United States

Financial Services Headlines

AIG CEO puts off meeting with critical congressman

American International Group Inc Chief Executive Edward Liddy has asked for more time before meeting with U.S. Rep. Elijah Cummings, who has been critical of the insurer and management in recent weeks.

EU approves Santander's purchase of B&B assets

Spanish banking group Santander won permission from EU competition authorities on Thursday to acquire assets including deposits and branches of British mortgage lender Bradford & Bingley .

Citigroup says increasing its lending

Citigroup Inc has boosted its lending after receiving government money and has set up a committee of senior executives to make sure it is using those funds properly, according to an internal memo obtained by Reuters.


Congress scrambles to pass funding bill before Friday deadline

WASHINGTON The U.S. Congress was racing on Thursday to approve a massive spending bill and send it to President Donald Trump for enactment before a midnight Friday government shutdown deadline, in a move that would significantly boost defense and non-military funding through Sept. 30.