U.S. Rescinds Federal Oversight of AIG - News Summed Up
U.S. Rescinds Federal Oversight of AIG

U.S. Rescinds Federal Oversight of AIG

September 29, 2017 21:56 UTC

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U.S. Rescinds Federal Oversight of AIG


WASHINGTON—U.S. officials voted Friday to remove federal oversight of American International Group Inc., an ​insurance company now about half the size it was when it was on the brink of collapse and became a poster child of the global financial crisis. The Financial Stability Oversight Council, a group of senior financial regulators, voted 6-3 to rescind the global insurer’s designation as a “systemically important financial...


Source: Wall Street Journal September 29, 2017 21:56 UTC



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