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American International Group Inc

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  • AIG Q3 earnings, revenue beat; shares rise Monday, 3 Nov 2014 | 4:06 PM ET
    A pedestrian walks past the American International Group offices in New York.

    American International Group posted earnings of $1.21 a share, excluding items, on revenue of $8.63 billion.

  • MetLife to argue that it's not 'too big to fail' Monday, 3 Nov 2014 | 6:52 AM ET

    MetLife will make a final plea on Monday to U.S. regulators determined to subject it to tougher oversight.

  • Market focus turns to global economy's health Monday, 3 Nov 2014 | 6:00 AM ET
    A trader works on the floor of the New York Stock Exchange Oct. 31, 2014.

    Stocks launch into November at record highs, but that does not mean the volatility that punctuated October's roller-coaster trading will end.

  • Will Friday’s rally continue on Wall Street? Monday, 3 Nov 2014 | 5:17 AM ET

    Wall Street looked to fall at the open on Monday, as disappointing European and Chinese data hit global market sentiment.

  • Here's what will matter this week Friday, 31 Oct 2014 | 6:55 PM ET
    A trader works on the floor of the New York Stock Exchange Oct. 31, 2014.

    Stocks launch into November at record highs, but that does not mean the volatility that punctuated October's roller-coaster trading will end.

  • Ebola: New insurance deal with an outbreak Friday, 17 Oct 2014 | 5:37 PM ET
    A custodial worker wears a mask and eye protection to guard against the Ebola virus as he prepares to clean Ruth Cherry Intermediate School in Dallas.

    A Lloyd's of London unit is underwriting two forms of insurance to cover businesses that shut down as a result of Ebola and other diseases.

  • Rising rates power play: Insurance stocks Monday, 13 Oct 2014 | 7:00 AM ET

    Insurance stocks are still in a slump but poised to rebound once interest rates rise. Priced at low valuations, it is a sector with upside.

  • NEW YORK, Oct 10- Blackstone Group LP said on Friday it would spin off its advisory units into a company headed by star Wall Street investment banker Paul Taubman, to avoid potential conflicts of interest in the sprawling private equity empire. The new publicly traded company could be valued at $1 billion to $2 billion, a person close to Blackstone said.

  • Bernanke comes alive at AIG bailout trial Friday, 10 Oct 2014 | 5:22 PM ET
    Former Chairman of the Federal Reserve Ben Bernanke.

    He may have been a reluctant witness, but former Fed Chairman Ben Bernanke delivered powerful testimony during the day of the AIG trial.

  • Bernanke defends AIG bailout in court Thursday, 9 Oct 2014 | 6:59 PM ET
    Former Chairman of the Federal Reserve Ben Bernanke.

    In court, former Fed Chair Ben Bernanke defended the government's bailout package for AIG, including an equity stake taken by the government.

  • After-hours buzz: AMZN, SYMC & more Thursday, 9 Oct 2014 | 5:02 PM ET
    Traders work the floor of the New York Stock Exchange.

    Take a look at some of Thursday's after hours buzz: AMZN, SYMC & more.

  • WASHINGTON, Oct 9- Former Federal Reserve Chairman Ben Bernanke took the stand on Thursday to defend the U.S. government's bailout of American International Group in 2008, in a fourth day of testimony by former top government officials looking to convince a federal judge that the rescue of the insurance company was legal. Former AIG Chief Executive Hank...

  • WASHINGTON, Oct 8- Former U.S. Treasury Secretary Timothy Geithner defended the 2008 bailout of American International Group Inc for a second day on Wednesday, struggling at times to respond to increasingly contentious questions about the government's efforts to rescue the insurance company as it stood minutes from bankruptcy. The questions came in the...

  • WASHINGTON, Oct 8- Former U.S. Treasury Secretary Timothy Geithner defended the 2008 bailout of American International Group Inc for a second day on Wednesday, struggling at times to respond to increasingly contentious questions about the government's efforts to rescue the insurance company as it stood minutes from bankruptcy. The questions came in the...

  • Banks tear up rule book to cope with future crisis Wednesday, 8 Oct 2014 | 6:18 AM ET

    The world’s biggest banks have agreed to tear up the rule book on derivatives to make it easier to resolve a future failing firm like Lehman Brothers.

  • Treasury Secretary Timothy Geithner on Tuesday defended the government's rescue of American International Group Inc in September 2008, saying it was necessary to prevent the country from plunging into a second Great Depression. Geithner's comments came in testimony in the trial of a lawsuit brought by Hank Greenberg, a major AIG shareholder until the...

  • WASHINGTON, Oct 7- Former U.S. Treasury Secretary Timothy Geithner on Tuesday defended the government's rescue of American International Group Inc in September 2008, saying the action was necessary to prevent the country from plunging into a possible second Great Depression. Geithner's comments came in testimony he provided in the trial of a lawsuit...

  • WASHINGTON, Oct 6- The U.S. top financial risk council may tweak the way in which it identifies insurers and other companies that are not banks as systemically important, a process the industry and politicians have fiercely criticized. Insurer MetLife Inc on Friday said it would fight a plan by the FSOC to designate it as a so-called Systemically Important...

  • Insider buying makes 3 stocks attractive: Pro Friday, 3 Oct 2014 | 3:52 PM ET

    Look at these stocks company insiders are buying, David Miller of Catalyst Mutual Funds says.

  • WASHINGTON, Sept 30- The U.S. Insurers American International Group and Prudential Financial have already received this designation, and regulators are considering applying it to MetLife too.