NEW YORK -- American International Group Inc. said it is paying retention bonuses as planned to employees in the unit that sold credit default swaps, the risky contracts that caused massive losses at ...

American International Group Inc. posted its third straight quarterly loss, a rude awakening to investors hoping that troubles in the insurer’s mortgage market investments were starting to level off.

WASHINGTON Less than a week after the federal government had to bail out American International Group Inc., the company sent executives on a $440,000 retreat to a posh California resort, lawmakers ...

Credit default swaps (CDSs) provide protection for investors in the event that the borrower defaults on their debt or loan. They can play a pivotal part in financial and investment industries, as they ...

Executives at American International Group Inc. hid the full range of its risky financial products from auditors as losses mounted, according to documents released Tuesday by a congressional panel ...

Market regulators agreed yesterday to collaborate on the oversight of credit default swaps, the insurance-like derivative contracts that got American International Group into trouble, and said that at ...

WASHINGTON — A former top executive of American International Group Inc. acknowledged Wednesday that his division more than tripled the amount of risky investments it insured in the three years ...