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…
This week marks the second anniversary of an event that shook the financial industry to its core. In her newly released book, The Weekend that Changed Wall Street, CNBC anchor Maria Bartiromo gives an insider’s look at the fate…
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…