bailout
AIG : sues New York Fed over lawsuit rights
American International Group has filed a lawsuit against an investment structure created by the Federal Reserve Bank of New York to help bailout the...
AIG : refused to join lawsuit against US government
The board of AIG decided to not join a private shareholder lawsuit against the US government over the government's $182 billion rescue of the...
AIG : US Treasury to sell $5 billion of AIG shares
The US Treasury Department announced Friday it will sell $5 billion of its American International Group shares, with AIG lined up to buy up...
U.S. : Treasury to sell $5 bn of AIG stock
The US Treasury is to sell $5 billion worth of shares in American International Group Inc. (AIG) in a stock offering, with the bailed-out...
990 jobs to go at Lloyd’s
Lloyd's Banking Group announced on Tuesday that almost 1,000 workers will be out of the job as part of a broader cost cutting plan...
AIG : repays more of US TARP bailout
Insurance giant American International Group on Thursday repaid US taxpayers another part of a massive government bailout extended during the financial crisis, officials said.
The...
Institute of International Finance optimistic about Greek deb swap
A voluntary swap of privately held Greek bonds as part of the debt-laden country's bailout will be successful and help it return to bond...
The New York Fed received $47 billion from AIG
AIG has paid off the Federal Reserve Bank of New York but U.S. taxpayers are still on the hook for $94 billion, officials said.
The...
AIG preparing to finalise agreement with US Government
American Insurance Group, the insurer whose collapse triggered pandemonium in financial markets across the world two years ago, is preparing to sever its ties...
Maurice R. Greenberg’s questions about AIG bailout
Maurice R. Greenburg, the man who built AIG from an obscure corporation to the world's largest insurance company, has an important oped in today's...
AIG received a $4.3 billion credit facility
The struggling insurance giant American International Group said on Monday that it had signed credit lines worth $4.3 billion with 36 lenders — in...
Ireland : Massive bailout from European Union and International Monetary Fund
Ireland's massive bailout by the European Union and the International Monetary Fund was inevitable, even though leading Irish politicians were claiming almost to the...
British bank RBS says will axe 2,600 jobs, mostly in insurance division
Britain's state-rescued lender Royal Bank of Scotland announced on Monday that it plans to axe 2,600 jobs.
The bank, which is 83-percent owned by the...
