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American International Group Inc

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  • A trader works on the floor of the New York Stock Exchange.

    U.S. stocks snapped a two-day losing streak on Thursday as investors digested economic data and set up for Friday's jobs report.

  • Wall Street digests more data, eyes jobs report Thursday, 2 Apr 2015 | 8:56 AM ET
    U.S. factory worker

    U.S. stock index futures pointed to a softer open on Thursday, amid of a raft of data as investors prepared for a shorter week due to the Easter vacation.

  • Early movers: LL, PG, KMX, KRFT, MAC & more Thursday, 2 Apr 2015 | 7:58 AM ET
    Traders work the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • March 30- American International Group Inc Chairman Robert "Steve" Miller intends to step down in July after five years in the role, the Wall Street Journal reported. Miller, a turnaround specialist, joined AIG board in 2009 and became chairman in July 2010, replacing Harvey Golub who resigned after clashing with former chief executive Robert Benmosche over the...

  • AIG Chairman Steve Miller to step down in July - WSJ Monday, 30 Mar 2015 | 3:39 PM ET

    March 30- American International Group Inc Chairman Robert "Steve" Miller intends to step down in July after five years in the role, the Wall Street Journal reported. The insurer's directors have not yet decided on a replacement, but the next outside chairman is expected to be a current board member, the Journal said, citing a person familiar with the matter.

  • FRANKFURT, March 30- Germany's Allianz has estimated insurers will pay $300 million in claims and costs stemming from the crash of a Germanwings plane in the French Alps last week, insurance industry sources said on Monday. The initial estimate represents about 20 percent of the $1.5 billion in premiums in the global market for airline insurance.

  • A look at Leon Cooperman, subject of SEC inquiry Thursday, 26 Mar 2015 | 2:02 PM ET

    Meet the billionaire hedge fund manager who is the subject of a new government investigation of his firm's trading activity.

  • Leon Cooperman's Omega gets federal subpoena Thursday, 26 Mar 2015 | 11:55 AM ET
    Leon Cooperman

    The billionaire investor told clients his firm was subpoenaed by prosecutors in New Jersey, according to a letter obtained by CNBC.

  • UPDATE 5-Google poaches Morgan Stanley's CFO Tuesday, 24 Mar 2015 | 1:11 PM ET

    *Google shares up 2.5 pct. March 24- Google Inc said it hired Ruth Porat, chief financial officer at Morgan Stanley, as its own finance chief, a move signaling that the search engine company may be looking to bear down on fast growing expenses. Porat has helped execute a sweeping cost-cutting strategy across several business lines at Morgan Stanley.

  • UPDATE 4-Google hires Morgan Stanley CFO Porat as CFO Tuesday, 24 Mar 2015 | 11:31 AM ET

    March 24- Morgan Stanley Chief Financial Officer Ruth Porat is leaving the bank to become Google Inc's CFO, the latest Wall Street executive to move to Silicon Valley, where fortunes can be built fast but businesses can also become irrelevant overnight. Porat, a California native, joined Morgan Stanley in 1987, and led Morgan Stanley's investment banking...

  • WASHINGTON, March 24- A Republican congressman and a Democratic colleague on Tuesday introduced a bill to shed more light on the workings of the Financial Stability Oversight Council, which watches for emerging threats to market stability. The draft bill by Florida Republican Dennis Ross and Maryland Democrat John Delaney was introduced a day before...

  • Online ad revenue at risk in war on 'click fraud' Monday, 23 Mar 2015 | 7:00 AM ET

    NEW YORK/ BOSTON, March 23- A growing number of U.S. companies, including MillerCoors and AIG, are stepping up the battle against online ad fraud by demanding proof that their ads have been seen by real people instead of computers hijacked by cybercriminals. "We don't want to be paying for non-human traffic," said Mark Clowes, global head of advertising at American...

  • NEW YORK, March 20- American International Group Inc shareholders won approval on Friday of a $970.5 million settlement resolving claims they were misled about its subprime mortgage exposure, leading to a liquidity crisis and $182.3 billion in federal bailouts. The U.S. Justice Department and U.S. Securities and Exchange Commission closed related probes...

  • NEW YORK, March 20- American International Group Inc shareholders won approval on Friday of a $970.5 million settlement resolving claims they were misled about its subprime mortgage exposure, leading to a liquidity crisis and $182.3 billion in federal bailouts. The U.S. Justice Department and U.S. Securities and Exchange Commission closed related probes...

  • NEW YORK, March 5- A New York state appeals court on Thursday approved Bank of America Corp's $8.5 billion settlement with mortgage securities investors in its entirety. Bank of America had agreed to the 2011 settlement with 22 institutional investors including BlackRock Inc, MetLife Inc and Allianz SE's Pacific Investment Management Co to resolve claims...

  • *Higher fund flows coming from eastern Europe to Dubai. Swiss-based but Abu Dhabi- owned Falcon would be open to deals covering its core target markets of the Gulf, Eastern Europe, Africa and South East Asia, according to Erich Pfister, who took up the role in January. The last major acquisition by Falcon, which manages around 16 billion francs of assets, was the...

  • The buyback bull market: Purchases hit record Wednesday, 4 Mar 2015 | 7:40 AM ET
    People walk by a sign in front of a Home Depot store in El Cerrito, Calif.

    In February, more companies than ever said they would be buying back their shares, adding fuel to this bull market.

  • AIG stronger because of Benmosche: CEO Friday, 27 Feb 2015 | 5:54 PM ET
    Robert Benmosche, CEO and president of AIG.

    AIG would not be the company it is today if not for former CEO and President Robert "Bob" Benmosche, AIG's CEO told CNBC Friday.

  • NEW YORK, Feb 27- Robert Benmosche, who headed insurer American International Group after a massive government bailout at the height of the financial crisis, died on Friday at 70, the company said in a statement. Benmosche, who was president and chief executive officer of AIG between August 2009 and September 2014, died at NYU Langone Medical Center in New York...

  • Former AIG chief Bob Benmosche dies at age 70 Friday, 27 Feb 2015 | 2:25 PM ET
    Robert Benmosche

    After bad bets on derivatives nearly sank AIG during the financial crisis, Bob Benmosche helped steer it to profitability.