NEW YORK, Jan 7- New York Attorney General Eric Schneiderman cannot stop a $115 million settlement between American International Group Inc shareholders and the insurer's former chief executive and others, a U.S. judge ruled on Monday.
Jan 7- On Monday, Bank of America Corp announced a new round of settlements designed to resolve lingering claims related to its Countrywide Financial acquisition in 2008, including an $11.6 billion agreement with Fannie Mae over requests to buy back soured home loans.
*Block deals more than doubled to record $57.3 billion- Thomson Reuters data. HONG KONG, Dec 24- Minutes after the market close on a Tuesday in September, a number of bankers in Asia received a phone call from Temasek Holdings looking to unload a big chunk of shares in Singapore Telecommunications Ltd.
Dec 19- General Motors Co said it will buy back 200 million of its shares from the U.S. GM Chief Financial Officer Dan Ammann said on Wednesday the automaker will pay $5.5 billion, or $27.50 a share, for the Treasury-held shares in a deal expected to close by year-end.
Dec 19- Ally Financial Inc, the U.S. auto lender 74- percent owned by the U.S. government, on Wednesday said it repaid its remaining debt issued under a financial-crisis-era program, the latest step in its effort to reimburse taxpayers.
Asian shares posted gains on Tuesday, tracking the overnight gains in U.S. stocks, as fresh signs of compromise maintained a new optimism that the U.S. "fiscal cliff" budget tussle could be settled before tax hikes and spending cuts begin to bite early next year.
HONG KONG, Dec 18- Hong Kong shares slipped for a second straight day on Tuesday, pulled lower by a 3.3 percent loss for AIA Group after American International Group sold its remaining stake in the Asian insurance giant. The Hang Seng Index slipped 0.1 percent, while the China Enterprises Index of the top Chinese listings in Hong Kong edged up 0.1 percent.
HONG KONG, Dec 18- Hong Kong shares slipped for a second straight day on Tuesday, pulled lower by a 3.3 percent loss for AIA Group after American International Group sold its remaining stake in the Asian insurance giant. *AIA Group slid to HK $30.60 at the resumption of trade after American International Group sold its remaining stake in AIA for $6.45 billion.
HONG KONG, Dec 18- China shares advanced over the morning on Tuesday, lifting the Hong Kong market, with the financial sector strong as retail investors chased large cap counters on hopes that the current rally runs through into the new year.
HONG KONG, Dec 18- American International Group Inc raised $6.45 billion from the sale of its remaining stake in AIA Group Ltd in Asia's second-largest block sale ever, exiting a business the U.S. insurer started nearly 100 years ago.