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  1. Dutch SNS Reaal narrows losses as it seeks to sell insurance arm

    Headlines

    Thu, 28 Aug 2014

    AMSTERDAM, Aug 28 (Reuters) - SNS Reaal, the Dutch financial services group nationalised last year, narrowed losses in the first half of 2014 as it transforms into a stand-alone bank under the terms of an emergency bailout .

  2. Federal judge rejects U.S. bid to dismiss AIG lawsuit

    Headlines

    Wed, 27 Aug 2014

    NYSE: AIG ) Maurice "Hank" Greenberg. The government's bailout in 2008 took an initial 79.9% stake in AIG and conducted ..... Starr International sued in 2011, stating that the $182.3B bailout of AIG was an illegal taking and violated its due process rights

  3. U.S. loses bid to dismiss ex-AIG CEO's $25 billion lawsuit over bailout

    Headlines

    Tue, 26 Aug 2014

    States' bid to dismiss a more than $25 billion lawsuit filed by Maurice "Hank" Greenberg, the former chief executive of American International Group Inc, over the insurer's government bailout , clearing the way for a Sept. 29 trial.

  4. UPDATE 1-U.S. loses bid to dismiss ex-AIG CEO's $25 bln lawsuit over bailout

    Headlines

    Tue, 26 Aug 2014

    Aug 26 (Reuters) - A federal judge has rejected the United States' bid to dismiss a more than $25 billion lawsuit filed by Maurice "Hank" Greenberg, the former chief executive of American...

  5. U.S. loses bid to dismiss ex-AIG CEO's $25 bln lawsuit over bailout

    Headlines

    Tue, 26 Aug 2014

    Aug 26 (Reuters) - A federal judge has rejected the United States' bid to dismiss a more than $25 billion lawsuit filed by Maurice "Hank" Greenberg, the former chief executive of American...

  6. PT, Oi soar after Espirito Santo debt positions disclosed

    Headlines

    Tue, 26 Aug 2014

    Espirito Santo subsidiary Rioforte. In July, PT and Oi restructured their merger agreement to account for the purchase. The Portuguese government announced a bailout for Banco Espirito Santo three weeks ago. Post your comment!

  7. There's Still More to AIG’s Turnaround Story

    Headlines

    Fri, 22 Aug 2014

    significant exposure to credit default swaps that subsequently went bad in the Great Recession, forcing the firm to seek a bailout from the U.S. government. One of AIG's primary differentiators that led to the need for government assistance compared

  8. UPDATE 1-Portugal to lengthen maturity profile with syndicated 15-year

    Headlines

    Thu, 21 Aug 2014

    LONDON, Aug 21 (IFR) - The Republic of Portugal could price its longest dated issue since exiting a 78bn bailout in May as it seeks to lock in low financing costs.

  9. Ukraine asks IMF to combine two aid tranches for total of $2.2 bln - IFX

    Headlines

    Wed, 20 Aug 2014

    KIEV, Aug 20 (Reuters) - Ukraine wants the International Monetary Fund to combine the expected third and fourth tranches of a $17 billion dollar bailout package for a total of around $2.2 billion,...

  10. Carney: Legal victory of little use to GSE owners

    Headlines

    Mon, 18 Aug 2014

    government over Fannie Mae ( OTCQB:FNMA -1% ) and Freddie Mac ( OTCQB:FMCC -0.8% ). At that point, we go back to the bailout agreements under which both would still be obligated to pay a 10% dividend. Also, both would need to pay a commitment fee

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