The U.S. Treasury is barely breaking even on its investment in beleaguered insurance giant American International Group Inc., according to an early litmus test of market interest in the firm’s stock. The Treasury sold 200 million shares of AIG at …
Later this month investors will get a chance to buy into the revived American International Group, but dreams of a blockbuster sale have faded with the steady decline in AIG’s shares. The stakes are high for the U.S. Treasury, which …
As bailed-out insurer American International Group prepares to return to the public markets, some say it needs a sign from an eminent authority that it is a company with solid operations and a stock worth an investment of hard-earned money. …
Banks will meet in New York City Thursday to make their case for the right to sell the U.S. Treasury’s stake in American International Group, three people familiar with the matter said Wednesday. The Treasury will own 92.1 percent of …
Liberty Mutual Agency Corp. postponed indefinitely its planned initial public offering, quashing hopes that the planned $1.2 billion flotation could give a needed jolt to the U.S. IPO market. The property and casualty insurer announced the delay on the day …
