Summary Box: AIG’s sale of Taiwan unit on rocks (AP)

AP – NO WAY: Taiwanese regulators have rejected Primus Financial Holdings’ planned purchase of AIG’s Taiwan life insurance unit.

If you enjoyed this post, make sure you subscribe to my RSS feed!

Tagged with:
 

Taiwan rejects Primus purchase of AIG unit (AP)

AP – Taiwanese regulators on Tuesday rejected Primus Financial Holdings’ planned purchase of AIG’s Taiwan life insurance unit amid concerns that the Cayman Island-based firm may be backed by funds from rival China.

If you enjoyed this post, make sure you subscribe to my RSS feed!

Tagged with:
 

Dead soldiers’ parents sue insurer over benefits (AP)

AP – The parents of six deceased U.S. soldiers are suing Prudential Financial, saying it paid paltry interest on military life insurance benefits while keeping more generous interest earnings for itself.

If you enjoyed this post, make sure you subscribe to my RSS feed!

GOP lawmaker: VIP loans given to Senate staff (AP)

AP – A Republican lawmaker says documents show the former Countrywide Financial Corp. may have targeted Senate employees for sweetheart mortgage deals.

If you enjoyed this post, make sure you subscribe to my RSS feed!

Wells Fargo ends non-prime mortgage biz (Reuters)

Reuters – Wells Fargo & Co , the fourth-largest U.S. bank by assets, said on Wednesday it is closing more than 600 Wells Fargo Financial offices and will no longer originate non-prime mortgages.

If you enjoyed this post, make sure you subscribe to my RSS feed!

Tagged with:
 

Other loopholes in consumer financial protection (AP)

AP – Auto dealers and community banks are central to consumer finance. Millions of Americans will be affected because they escaped oversight by the new Consumer Financial Protection Bureau.

If you enjoyed this post, make sure you subscribe to my RSS feed!

AIG CEO and Chairman at odds over failed AIA deal: report (Reuters)

Reuters – American International Group’s failed sale of its Asian life insurance unit AIA has led to increased tensions between Chief Executive Robert Benmosche and Chairman Harvey Golub, the Financial Times said, citing people close to the situation.

If you enjoyed this post, make sure you subscribe to my RSS feed!

AIG CEO and Chairman at odds over failed AIA deal: report (Reuters)

Reuters – American International Group’s failed sale of its Asian life insurance unit AIA has led to increased tensions between Chief Executive Robert Benmosche and Chairman Harvey Golub, the Financial Times said, citing people close to the situation.

If you enjoyed this post, make sure you subscribe to my RSS feed!

AIG CEO and Chairman at odds over failed AIA deal: report (Reuters)

Reuters – American International Group’s failed sale of its Asian life insurance unit AIA has led to increased tensions between Chief Executive Robert Benmosche and Chairman Harvey Golub, the Financial Times said, citing people close to the situation.

If you enjoyed this post, make sure you subscribe to my RSS feed!

AIG CEO and Chairman at odds over failed AIA deal: report (Reuters)

Reuters – American International Group’s failed sale of its Asian life insurance unit AIA has led to increased tensions between Chief Executive Robert Benmosche and Chairman Harvey Golub, the Financial Times said, citing people close to the situation.

If you enjoyed this post, make sure you subscribe to my RSS feed!

Resources 

 

Categories