British banks granted grace period TODAYonline The new liquidity regime is an attempt to ensure that a lender's treasury assets are readily convertible into cash in a crisis so it can pay out to ...
AIG continues to whittle itself down Burlington Hawk Eye On March 1, AIG agreed to sell Asia-based life insurer, AIA Group, to Britain's Prudential PLC for $35.5 billion. The two units, while selling similar ...
Business Highlights Salon The Takeover Panel, which regulates mergers and acquisitions in Britain, declined to comment on whether it had opened an investigation. ...
AP Business NewsBrief at 11:27 am EST Insurance News Net (press release) It was the second major deal AIG completed this month to raise cash. On March 1, AIG agreed to sell Asia-based life insurer, AIA Group, to Britain's ...
Stocks trade flat after more corporate dealmaking Chicago Sun-Times Overseas, Britain's FTSE 100 rose 0.1 percent, Germany's DAX index fell less than 0.1 percent, and France's CAC-40 lost 0.2 percent. ...
City Focus: Canny firms beat taxman This is Money To help investors fend off the taxman, around 30 of the Britain's largest 350 quoted companies have recently unveiled plans either to bring forward their ...
AIG sells unit to repay loans Monterey County Herald Under the complex agreement, MetLife will pay $6.8 billion in cash and the remainder in a mix of common and preferred stock to buy American Life Insurance ...
AIG sells Alico unit to MetLife for $15.5 billion SouthCoastToday.com On March 1, AIG agreed to sell Asia-based life insurer, AIA Group, to Britain's Prudential PLC for $35.5 billion. The two units, while selling similar ...
Why is Germany talking about a European Monetary Fund? Economist (blog) They liked the report in the German press that EU finance ministers want the creation of a European credit ratings agency under the European Central Bank, ...
Business Highlights The State The Takeover Panel, which regulates mergers and acquisitions in Britain, declined to comment on whether it had opened an investigation. ...
Economic Outlook: Greece on tour Insurance News Net (press release) One of those similarities are the derivative bets known as credit default swaps that concentrated losses at AIG, for example, and then threatened the ...
Business Highlights American Chronicle The Takeover Panel, which regulates mergers and acquisitions in Britain, declined to comment on whether it had opened an investigation. ...