American International Group Inc


  • AIG in $650M settlement with BofA over mortgages Wednesday, 16 Jul 2014 | 7:55 AM ET

    American International Group has reached a $650 million settlement with Bank of America over residential mortgage related disputes.

  • Early movers: TWX, BAC, AAPL, IBM, YHOO & more Wednesday, 16 Jul 2014 | 7:53 AM ET

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

  • WASHINGTON, July 15- A Republican member of the U.S. Securities and Exchange Commission slammed the Federal Reserve and a council of financial regulators on Tuesday, accusing them of a power grab on everything from asset managers to high-speed trading.

  • Alpha addict: The amazing career of Leon Cooperman Tuesday, 15 Jul 2014 | 12:49 PM ET
    Leon G. Cooperman, chairman and chief executive officer of Omega Advisors Inc. in 2007.

    His days start at 5:15 a.m. and end at 11 p.m. But the long hours more than pay off for Leon Cooperman, the billionaire founder of Omega Advisors.

  • Mr. Fix It: US needs Reagan-style overhaul Friday, 11 Jul 2014 | 8:53 AM ET
    Ronald Reagan in a 1965 TV episode of "Death Valley Days."

    It feels like the malaise of the Jimmy Carter presidency and the nation needs Ronald Reagan-type reform, says turnaround expert Steve Miller.

  • NEW YORK, July 6- When Goldman Sachs' then-senior partner, Gus Levy, suffered a stroke in the middle of a client meeting in 1976 and died shortly after, the bank's management didn't know who would lead the firm.

  • Cramer: What to do as Street turns on JPMorgan Wednesday, 2 Jul 2014 | 6:15 PM ET

    Shares of JPMorgan traded lower as Wall Street digested concerns about the health of its renowned CEO Jamie Dimon.

  • Why cyber-insurance will be the next big thing Tuesday, 1 Jul 2014 | 2:19 PM ET

    Though sales of cyber-insurance are a fraction of the $1.1 trillion in total premiums, experts see the number growing exponentially.

  • Supreme Court denies four cases Monday, 30 Jun 2014 | 12:05 PM ET
    Irving Picard, Securities Investor Protection Act Trustee, speaks regarding the Bernard Madoff Ponzi scheme, December 17, 2010 in New York City.

    The Supreme Court ruled Madoff trustee Irving Picard can not sue big banks, and it rejected an appeal of AIG's bailout by former CEO Hank Greenberg.

  • Job reforms brighten NC's economic future Wednesday, 18 Jun 2014 | 10:18 AM ET
    North Carolina Gov. Pat McCrory

    During the past 18 months, job-focused reforms have helped make North Carolina the best state to do business, Gov. Pat McCrory explains.

  • Early movers: AAPL, SBUX, AIG, BAC & more Wednesday, 11 Jun 2014 | 7:33 AM ET
    Traders work on the floor of the New York Stock Exchange.

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

  • UPDATE 2-Insurer AIG names Peter Hancock as CEO Tuesday, 10 Jun 2014 | 6:42 PM ET

    June 10- American International Group Inc said Peter Hancock would succeed Robert Benmosche as chief executive and president, effective Sept. 1. Before joining AIG, he was vice chairman of KeyCorp and a former chief financial officer at JPMorgan Chase& Co.

  • June 10- American International Group Inc said it named Peter Hancock as its new chief executive, effective Sept. 1. "As AIG enters a time of great change and opportunity, we are confident that Peter Hancock is uniquely qualified to lead the company and its employees to future success," AIG chairman Robert Miller said.

  • After-hours buzz: AIG, Oxford Industries & more Tuesday, 10 Jun 2014 | 4:54 PM ET

    Changing of the guard at AIG and other headlines after the bell Tuesday: AIG, Oxford Industries & more.

  • June 10- American International Group Inc said it named Peter Hancock as its new chief executive, effective Sept. 1. Hancock, the head of the insurer's global property-casualty business, succeeds Robert Benmosche, who will retire in September. Benmosche will take up an advisory role at AIG, the company said in a statement.

  • AIG's Benmosche to resign; Hancock tapped as CEO Tuesday, 10 Jun 2014 | 4:09 PM ET
    Peter Hancock

    American International Group announced that CEO Bob Benmosche is will resign as of Sept. 1. He will be replaced by Peter Hancock.

  • $1M crushed to less than $55,000 by 3 stocks Tuesday, 10 Jun 2014 | 1:35 PM ET
    Traders on the floor of the New York Stock Exchange.

    Unlucky investors that put $1 million into these S&P 1500 stocks in 2007 would have seen their investments fall to $54,000 or less. USA Today reports.

  • UPDATE 1-Metlife to buy back up to $1 billion shares Tuesday, 10 Jun 2014 | 6:47 AM ET

    June 10- Insurer Metlife Inc said it would buy back up to $1 billion of its common stock, using existing authorizations from its board. Kandarian had said in July that Metlife is not a systemically important financial institution whose failure could pose a threat to United States' financial stability.

  • Early movers: UPS, GPS, AIG, PNRA, MW, BAC & more Friday, 6 Jun 2014 | 7:32 AM ET

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

  • Greenberg on Tiananmen: AIG did the right thing Wednesday, 4 Jun 2014 | 11:30 AM ET

    The former AIG CEO made the decision to stay in China in 1989, even as other Western businesses fled the country.