taxpayer
AIG to repay 36.7 billion dollars of US bailout
Ailing insurer AIG is poised to repay 36.7 billion dollars in government bailout aid after floating its Asian unit AIA and selling another subsidiary,...
Transaction : RBS readies to sell off life insurance business
The Royal Bank of Scotland (RBS) is preparing to sell off or float its insurance unit, which includes familiar names such as Direct Line,...
AIG : U.S. Treasury Department working on AIG exit strategy
Treasury Department officials finalise their plan to render AIG financially independent after the massive taxpayer investment. The core piece of that strategy would be...
AIG nears sale of two Japanese units
Troubled US insurer American International Group is close to selling two Japanese life insurance units to Prudential Financial Inc. in a five billion dollar...
Treasury publishes details of Asset Protection Scheme
The Treasury has today published its final agreement with the Royal Bank of Scotland on the bank’s participation in the Asset Protection Scheme, along...
