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*ILFC enters into $2.3 bln committed unsecured credit facility. *ILFC says new credit facility replaces its $2.0 billion unsecured revolving credit facility entered into in January 2011. *Source text* Further company coverage.
Take a look at some of Monday's midday movers:
NEW YORK-- Insurance giant American International Group Inc. said Friday it has agreed on terms of an amended four-year, $4 billion credit facility. Thirty-four banks took part in the facility, with units J.P. Morgan Securities and Citigroup Global Markets acting as leads.
*Fiscal 2013 deficit depends on Congress, fiscal cliff. WASHINGTON, Oct 5- The federal budget deficit for the just-ended 2012 fiscal year shrank by $207 billion from the prior year, but still marked its fourth straight year above $1 trillion, Congress' budget referee estimated on Friday.
*Announces $4 billion amended and restated bank credit facility. *Says the amended and restated facility replaces the previous $4.5 billion AIG. *Says amended and restated facility replaces the previous $4.5 billion AIG.
*Credit Suisse integrated boutique Clariden Leu last year. FRANKFURT/ DUBAI, Oct 4- Falcon Private Bank, a Swiss private bank owned by Abu Dhabi fund Aabar Investments, said it will acquire a London- based unit of boutique Clariden Leu from Credit Suisse, including some 2 billion Swiss francs in assets.
ALBANY, N.Y.-- While New York Attorney General Eric Schneiderman alleges massive fraud in mortgage-backed securities in a lawsuit filed this week, he's not criminally prosecuting anyone. The civil suit claims misconduct by Bear Stearns& Co. in 2006-2007 cost investors $22.5 billion in losses and left them holding an additional $30 billion in bad loans.
NEW YORK, Oct 3- Hedge fund manager Daniel Loeb built a major position in distressed Greek government bonds in September, according to a monthly report and quarterly letter he sent to his investors.
NEW YORK, Oct 3- Hedge fund manager Daniel Loeb built a major position in distressed Greek government bonds in September, according to a monthly report he sent to his investors. Loeb's nearly $5 billion Third Point Offshore Fund gained 3.4 percent last month, helped by its position in Greek debt, said the Sept. 30 dated note which was reviewed by Reuters.
Reinsurers sold $3.8 billion of protection through the credit default swap market last year, down sharply from a peak of $20.3 billion in 2003, the International Association of Insurance Supervisors said in a report.
WASHINGTON-- The government is considering whether American International Group is large enough to threaten the broader financial system, a designation that would subject the bailed-out insurance giant to greater federal oversight.
Oct 2- A federal panel may tag American International Group Inc as "too big to fail," a move the company has been expecting and one that would sharply increase regulatory oversight of the government-rescued insurer.
Oct 2- A U.S. federal panel may tag American International Group Inc as "too big to fail," a move the company has been expecting and one that would sharply increase regulatory oversight of the government-rescued insurer.
*Statement regarding receipt of financial stability oversight council notice. *Says has received a notice that it is under consideration by the financial. *Under consideration for determination that co is systemically important fi.
Oct 2- American International Group Inc is being considered for more regulatory oversight by a federal panel looking at institutions crucial to the financial system, the insurer said on Tuesday.
WASHINGTON, Oct 1- The top U.S. derivatives regulator said on Monday that his agency aimed to complete rules dictating the amount of margin, or collateral, needed to back uncleared swaps trades by early next year.
Stocks ended higher for the fourth-straight session Friday, logging sharp gains for the week, as Wall Street cheered the Federal Reserve’s decision to embark on another round of monetary stimulus.
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The U.S. Treasury will wind down its stake in American International Group quickly, paving the way for future dividends, Robert Benmosche, AIG CEO, told CNBC’s "Closing Bell" on Tuesday.
Stocks finished lower Monday, with the tech-heavy Nasdaq tumbling more than 1 percent, ahead of the Federal Reserve's decision and a German constitutional court ruling on whether Germany may contribute to the euro zone's rescue fund.