AIG
13:26 :
Coutts fined £6m for miss-selling savings product -
Watchdog says customers were misled by 'bank of the rich' into investing in risky securitiesThe Financial Services Authority (FSA) has fined private banking group Coutts £6.3m for mis-selling an AIG savings product between 3 December 2003 and ...
11:48 :
Coutts to compensate AIG investors after £6.3m FSA fine -
(UPDATE) Private client bank Coutts is to compensate investors who suffered due to failures in the advice it provided on the AIG Enhanced Life fund, and has agreed to a past business review of its sale of the fund.
08:37 :
Coutts set for £6m AIG bond fine -
The Financial Services Authority is set to hand down one of its strictest penalties to the private bank, and according to reports will fine Coutts £6 m for the sale of bonds linked to the failed insurer.
08:00 :
FSA to fine Coutts £6m over AIG bond sales -
The Financial Services Authority (FSA) is to fine private client bank Coutts £6 million over its sale of AIG Life Premier Bonds, according to the Financial Times.
10:07 :
Commodity correction: has a bubble just popped? -
When the collapse came it was pretty spectacular: the commodity play has reversed with a vengeance over the past four weeks, with the diversified DJ AIG index off 13.2% and the SGCI index off 20.2% from their year highs.
23:33 :
BofA sued by shareholder over $10 billion AIG loss -
NEW YORK (Reuters) - A Bank of America Corp shareholder sued the bank on Friday for what he said was a failure to disclose it potentially owes more than $10 billion (6 billion pounds) to American International Group Inc in connection with mortgage-backed ...
11:30 :
Why do Boards fail' -
A litany of recent corporate governance failures suggest that there appears to be a problem with how many of the largest businesses are run - Kraft's botched takeover of Cadbury's, the Prudential's failed bid for AIG at a cost of $450m, BA's ...
18:19 :
Exclusive - Bank of America kept AIG legal threat under wraps -
NEW YORK (Reuters) - Top Bank of America Corp lawyers knew as early as January that American International Group Inc was prepared to sue the bank for more than $10 billion (6 billion pounds), seven months before the lawsuit was filed, according to sources ...
06:48 :
AIG chief unhappy with stock analysts' view: report -
American International Group Chief Executive Robert Benmosche has complained to senior executives at investment banks about the "unfavorable research" of the insurer's stock, the Wall Street Journal said, citing people familiar with the matter.
17:03 :
AIG to sue BofA for $10.5bn -
Bank of America shares plunged as much as 15 per cent as it faced the prospect of a $10.5bn suit from after American International Group over claims the bank sold it more than $28bn of residential mortgage-backed securities in transactions ‘marred by ...
00:00 :
‘Crisis is over’ as AIG posts profit -
The insurer that almost failed in the 2008 crisis could now withstand a severe downturn, its chief executive said after a market sell-off that presents a variety of challenges
19:05 :
AIG says workers comp deal gets prelim approval -
NEW YORK, July 25 (Reuters) - A court has given preliminary approval to a deal settling claims that American International Group Inc under-reported its workers' compensation market share to get out of tax obligations.
actualidad AIG -