American International Group (AIG)
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AIG Advisor Group on the block
One of the largest networks of independent broker-dealers in the country recently hired a law firm, which in turn will select an investment bank to begin discussions with interested buyers, according to two sources with knowledge of the company's moves.
Carl Icahn calls for AIG to split itself up into three companies
The billionaire activist investor said busting up conglomerate would limit regulation, which he calls a 'tax on size.'
MetLife launches first longevity annuity for individual clients' retirement accounts
Latest product comes as qualified longevity annuity contracts look for a place in retirement accounts.
Broker-dealers face administrative hurdles in rollout of QLAC annuity
Confusion remains over who ensures the contract purchase meets Treasury's guidelines.
Cash-heavy mutual funds take downside protection to the extreme
Breakfast with Benjamin: Some funds using cash for protection. Lots of it. Plus: Adviser charged with stealing $1.3M from widows and church friends, up from the ashes arises a new subprime giant, and Wall Street courts millennials.
Bruce Berkowitz sticks to contrarian guns as investors exit Fairholme Fund
Fund manager says buying hated stocks 'requires patience and courage of conviction.'
Broker-dealers sound off as AIG leads off with first annuity for 401(k)s
Insurance giant AIG tweaks existing deferred-income product to meet Treasury's guidelines. But will it satisfy the market? (Don't miss: Top sellers of individual annuities)
Jay Wintrob resigns as CEO of AIG Life and Retirement
Jay Wintrob resigns as CEO of AIG Life and Retirement Had been in contention to succeed Benmosche as head of AIG Sep 18, 2014 @ 5:34 pm By Bruce Kelly + Zoom After failing to ascend to the top of American International Group Inc., Jay Wintrob is stepping down as chief executive of AIG Life and
The Fed finds another reason to hold down interest rates
Breakfast with Benjamin: The Fed and chief Janet Yellen get more ammo to hold down rates. Plus: AIG inches back into DC lobby; why some stocks never split; and where the smart money is going
Allison Couch rejoining the AIG Advisor Group
Allison Couch, the former managing director of wealth management for Cetera Financial Group, will join the AIG Advisor Group next month in the newly created role of executive vice president, national sales. She will report to Erica McGinnis, president and chief executive of the AIG Advisor
AIG to America: Thanks — and you've been served!
Just days after rolling out a campaign thanking America for its bailout, AIG now says it may be forced to sue the U.S. government over -- you guessed it -- the bailout.
Benmosche: Treasury may sell remaining stake in AIG by end of the year
The U.S. Treasury Department may sell the rest of its holdings in insurer American International Group Inc. (AIG) before 2013, Chief Executive Officer Robert Benmosche said. The stock dropped as much as 4.3 percent.
Why Bruce Berkowitz's bullish stance on AIG is paying off
The following is excerpted from the July issue of “No-Load Fund Analyst” newsletter published by Litman Gregory.
Star adviser who bolted Royal Alliance says AIG bosses 'didn't understand culture'
Meg Green, who left Royal Alliance for Sterne Agee, says bosses at former parent company AIG 'didn't understand culture'.
Woodbury reps set to cash in: recruiters
Recruiters say management at Woodbury Financial, which is being acquired by AIG's broker-dealer, has doubled down on retention packages in a bid to keep reps in their seats.