American International Group’s board of directors is expected to vote Wednesday on a plan to exit the government’s bailout program, according to comments made by AIG Chairman Steve Miller during an investment conference.
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The government is close to announcing its plans to end the bailout of American International Group (AIG), returning the company to independence and recovering taxpayer funds.
The Treasury is planning to begin converting its $49 billion preferred stak…
American International Group (AIG) may sell two Japanese life-insurance units to Prudential Financial Inc. (PRU) for a total of as much as $5 billion, The Wall Street Journal said.
The agreement is currently “a few days away” from being ready, The Wa…
Propped up by billions of government dollars during the financial crisis, AIG is reportedly in talks with the U.S. government to accelerate its exit plan and regain its independence. In recent months, the insurer has been selli…