Securities America Grabs 2 Advisors With $93M in AUM
The Virginia-based brokers come from VALIC, an AIG affiliate, and join Investor Securities Group, one of Securities America's largest branches.
MetLife SIFI Designation Imminent
In designating MetLife at this time, the FSOC would be ignoring the House Financial Services Committee.
Garrett Brings NY Fed Into FSOC Issues
Rep. Scott Garrett is demanding that the New York Fed share with him any information it provides to the FSOC on nonbank SIFI designations.
House Committee Votes to Block SIFI Designations
The two bills would effectively shutter the FSOC for a year, but analysts give them little chance of becoming law.
House Seeks 6-Month Halt on SIFI Designations
House Financial Services will vote Thursday on a bill that would bar the FSOC from designating any financial institution as systemically significant for six months.
ING to Launch New Advisor Platform in Q4
The group's 1,500 affiliated independent reps will soon be working with more accounts and other financial information affecting their clients in an integrated way.
AIG Back in the Mortgage Business
In a stark reversal of “no second acts in American lives,” AIG announced on Wednesday that it’s decided to rejoin the mortgage world.
AIG Weighs Joining Suit Against Government
The lawsuit, filed by former chairman Maurice “Hank” Greenberg, argues that the government was unfair to its shareholders through the way it conducted its bailout of the insurer.
Treasury Sells Remaining AIG Shares, Profiting From Bailout
The Treasury Department on Tuesday sold its remaining 16% of AIG common shares for $7.6 billion, putting an end to the government’s 50-month shotgun financial tryst with the global insurer.
Judge Says Greenberg Accusations Against Fed ‘Worthy of an Oliver Stone Movie’
A federal district court judge in New York on Monday dismissed a lawsuit brought by former AIG chief Maurice “Hank” Greenberg against the Federal Reserve Board regarding the Fed's rescue of AIG in 2008.