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American International Group

                   

BofA to cut dividend in half, sell stock

msn.com
5 hrs ago 8 related
        

Bank’s 3Q earnings plunged by 68 percent due in part to bad loans NEW YORK - Bank of America Corp. on Monday reported third-quarter results earlier than planned, revealing a wider-than-expected profit drop and plans to boost...

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Former AIG Executives to Testify

wsj.com
6 hrs ago 2 related
        

Next up, the company the government did decide to rescue. Former executives at American International Group Inc. are due on Capitol Hill on Tuesday to testify about how one of the world's largest insurers became so fragile that...

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Sell-off plunges Dow below 10,000

deseretnews.com
52 mins ago 2 related
        

Wall Street joined in a worldwide cascade of despair Monday over the financial crisis, driving the Dow Jones industrials to their biggest loss ever during a trading day. Even a big afternoon rally failed to keep the Dow from...

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Deals: Creatures of the Credit Crisis

cfo.com
11 hrs ago
        

In our M&A Roundup for the week ended Oct. 5, every transaction worth more than $1 billion involves a flailing financial firm. Last week came the "bailout fallout" in its purest form: Wells Fargo's $15.1-billion offer for a...

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Snoopy Braves the Turbulent Skies

barrons.com
11 hrs ago
        

This leading insurer has lots going for it -- like its undervalued stock. Indeed, the company is expanding rapidly overseas.Five years from now, MetLife's international business is expected to represent 25% of earnings, up from...

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cbc.ca: Scotiabank president and CEO Rick Waugh said the bank wants more, not less, wealth management work. cbc.ca

Scotiabank snaps up 37% of CI stake

cbc.ca
9 hrs ago 20 related
        

Scotiabank will pay $2.3 billion for Sun Life Financial Inc.'s 37 per cent stake in CI Financial Income Fund, the two companies announced Monday. Scotiabank president and CEO Rick Waugh said the bank wants more, not less,...

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Think big, start small

business-standard.com
11 hrs ago
        

Aegon Religare Life Insurance, the three-month-old insurance company, uses under-insurance as the peg to do the unthinkable. In mid-August this year, Jamkhedkar announced to the press that the one-month-old Aegon Religare Life...

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PRESS DIGEST - Thai newspapers - Oct 7

finanznachrichten.de
4 hrs ago
        

BANGKOK, Oct 7 (Reuters) - These are some of the leading stories in Thai newspapers on Tuesday. Reuters has not verified these stories and does not vouch for their accuracy. TOP STORIES - The People's Alliance for Democracy...

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Silk road offers safety from current crisis

livemint.com
11 hrs ago
        

In times of trouble, investors often race to US treasuries. Alisher Djumanov suggests a far less obvious destination: Central Asia.Kazakhstan, Kyrgyzstan, Mongolia, Tajikistan, Turkmenistan and Uzbekistan don’t tend to come to...

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startribune.com: startribune.com

Hartford climbs on $2.5B Allianz investment

ibtimes.com
13 hrs ago 48 related
        

CHARLOTTE, N.C. - Shares of Hartford Financial Services Group Inc. climbed Monday after the insurer strengthened its capital position with a $2.5 billion investment from German financial services firm Allianz SE. Shares of...

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