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Showing 11 - 20 of 40 results for "American International Group"

Market Wrap - Morning

AAP  |  TUESDAY, 9 MAR 2010
... mergers and acquisitions, which raised hopes for the US economy. Financial shares rose after insurer American International Group Inc reached a deal to sell one of its major foreign divisions to MetLife Inc for $US15.5 billion ($A17.09 billion). MetLife ...

Market Wrap - Morning

AAP  |  TUESDAY, 2 MAR 2010
... the government and reports of a new bailout package for Greece. The market got a lift Monday after American International Group Inc. agreed to sell its Asian life insurance business to Britain's Prudential PLC for $US35.5 billion ($A39.53 billion). It's ...

Market Wrap - Morning

AAP  |  THURSDAY, 28 JAN 2010
... Treasury Secretary Timothy Geithner answered questions about the government's rescue of insurance giant American International Group Inc last year. Geithner oversaw the bailout as head of the Federal Reserve Bank of New York. At the closing bell the ...

AIA looks to list

COMPANY RELEASE  |  THURSDAY, 3 DEC 2009
... Assurance Company (AIA) is eyeing listing on the stock exchange after its former parent company, American International Group (AIG) paid off more debt owed to the Federal Reserve Bank of New York. AIG announced it had reduced the debt it owes the Federal ...

Former AIG asset management renames

COMPANY RELEASE  |  THURSDAY, 26 NOV 2009
American International Group's (AIG) former asset management and investment advisory business that was sold off has been renamed PineBridge Investments. The New York-based firm will provide alternative investments, listed equity and fixed income services ...

AIG: 100 per cent GFC proof

BENJAMIN ONG  |  TUESDAY, 17 MAR 2009
... keeping the company afloat?' US President Barack Obama might be regretting that he did not nationalise American International Group - which is turning out to be the greediest of the greedy -- when the fervour towards nationalisation was on his side. ...

Market Wrap - Midday

AAP  |  TUESDAY, 3 MAR 2009
... overnight after the US government injected $US30 billion to prevent the collapse of insurance giant American International Group (AIG). BHP Billiton fell 60 cents, or 2.15 per cent to $27.35, while Rio Tinto lost 78 cents or 1.76 per cent to $43.45. ...

The Ides of March

BENJAMIN ONG  |  TUESDAY, 3 MAR 2009
... attributed Wall Street's sell-off to 'after Warren Buffett said the economy is in "shambles" and American International Group Inc. posted the largest corporate loss in US history.' Admittedly, investors place a high regard for Mr. Buffet but they already ...

Market Wrap - Morning

AAP  |  TUESDAY, 3 MAR 2009
... amid worsening concerns about financial companies and the economy. A further bailout of US insurer American International Group, which also posted a record loss for the December quarter, and dire news from European bank HSBC saw investors flee financial ...

Ho hum

BENJAMIN ONG  |  WEDNESDAY, 26 NOV 2008
... it could be a bit of a stretch to extrapolate into good times just another bail-out announcement. American International Group (AIG), Freddie (Freddie Mac) and Fannie (Fannie Mae) were bailed out less than two months ago and the equity market kept on ...