Topic: American International Group Inc.
AIG Subsidiaries Resolve Allegations of Lending Discrimination
consumeraffairs.com
Lenders accountable for higher broker fees charged to minority borrowersTwo subsidiaries of American International Group (AIG) Inc. have agreed to pay a minimum of $6.1 million to resolve charges that they engaged in a pattern or practice of discrimination against black borrowers. Brought under the federal Fair Housing and ...
Insurance deals boost 2010 M&A activity
AP News
AIG deals with insurers take No. 1 and No. 5 spots so far in 2010 globally, says DealogicThe pace of mergers and acquisitions is gaining speed in 2010 thanks to American International Group Inc. MetLife Inc.'s $15.5 billion deal Monday to buy AIG's American Life Insurance Co ...
Summary Box: AIG's $15.5B Alico sale to MetLife
AP News
Summary Box: AIG sells Alico to MetLife for $15.5B in ongoing bid to payback governmentTHE SALE: American International Group Inc. sold its American Life Insurance Co. division, or Alico, to MetLife Inc. for $15.5 billion. The deal is AIG's second big asset sale in two weeks. On ...
Stocks trade flat after more corporate dealmaking
AP News
Stocks end mixed after corporate dealmaking boosts financials; health care stocks fallStocks ended mixed after a new round of mergers and acquisitions raised some hope for the economy. Financial shares rose after insurer American International Group Inc. reached a deal to sell one of its major foreign divisions to MetLife ...
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