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.


Final Republican tax bill slashes U.S. corporate rate, voting next week

WASHINGTON Congressional Republicans on Friday unveiled the final version of their dramatic U.S. tax overhaul - debt-financed cuts for businesses, the wealthy and some middle-class Americans - and picked up crucial support from two wavering senators ahead of planned votes by lawmakers early next week.