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By Marlene Y. Satter, AdvisorOne |
May 14, 2012
The chief investment office of JP Morgan in London, which last week made the headlines for losing $2 billion in trades, could be in danger of closing, its entire staff dismissed.
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By Marlene Y. Satter, AdvisorOne |
April 30, 2012
A second Goldman Sachs candidate has entered the running to replace Bank of England Governor Mervyn King when he steps down in June 2013.
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By Chad Hemenway, PropertyCasualty360.com |
March 26, 2012
AIG’s remaining debt to the U.S. government is about $45 billion after paying an additional $1.5 billion to the U.S. Treasury Department, the company says.
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By Marlene Y. Satter |
July 21, 2011
Also, this week in new hires, Lennon and Rappa join DC team, Unger to head plan sponsor sales at Russell; Grandeur Peak launched; Penn Mutual advances Flannery.
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By Janet Levaux, AdvisorOne |
January 28, 2011
AIG Advisor Group President and CEO Larry Roth sees growth at FSC, Royal Alliance and SagePoint as consolidation in the independent broker-dealer space continues
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By Marlene Y. Satter |
November 2, 2010
AIG has raised a total of approximately $37 billion with which to repay the federal government after an IPO of AIA of Hong Kong and American Life Insurance Co. to MetLife, according to a report from NU Online News Service on Monday.
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By Kathleen McBride, AdvisorOne |
October 5, 2010
Dudley outlined two steps the Fed could take to help mitigate some of the current economic woes. Did he go too far or just far enough?
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By Danielle Andrus, AdvisorOne |
September 30, 2010
AIG announced Thursday that it had come to an agreement in principle with the U.S. Treasury, the Federal Reserve Bank of New York and the AIG Credit Facility Trust to repay its 2008 bailout.
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By Danielle Andrus, AdvisorOne |
August 23, 2010
AIG announced that it has repaid almost $4 billion to the Federal Reserve Bank of New York. International Lease Finance Corporation, a subsidiary of AIG, sold $4.4 billion in secured and unsecured notes to make the $3.9 billion payment.
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By Janet Levaux, AdvisorOne |
November 1, 2008
In early October, American International Group said it would "refocus the company on its core property and casualty insurance businesses, generate sufficient liquidity to repay...