CFO / Financial
When Bailouts Make Moral and Economic Sense: Friedman & McNeill
Effective or not, bailouts somehow seem unjust. Why use taxpayer money to save the companies that actually caused the meltdown, the banks that made the reckless loans, and insurance companies that ...AIG CEO Benmosche Names Doyle, Sankaran to Executive Team
American International Group Inc. added John Doyle and Sid Sankaran to the insurer's executive group as Chief Executive Office Robert Benmosche narrows the company's focus after repaying a U.S. ...
Bond Buffer Seen in Demand for Swaps Collateral: Credit Markets
New collateral rules for hedge funds, insurers and others in the $633 trillion over-the-counter derivatives market are poised to boost demand for U.S. Treasuries, potentially slowing rising yields as ...
Fed’s Plosser Favors Too-Big-To-Fail Firms Holding More Capital
Federal Reserve Bank of Philadelphia President Charles Plosser called for the largest financial institutions to hold more capital to help prevent a repeat of the recent financial crisis, and renewed ...
Pension Funds Investing in Cat Bonds Overlook Risk: Gen Re’s Montross
Berkshire Hathaway Inc.'s Franklin "Tad" Montross said pension funds that increased bets on catastrophe bonds to improve investment returns may flee the market after a major natural disaster. ...
Financial Firms’ Living Wills Risk Clash of Nations Over Assets, Warns AIG’s Benmosche
American International Group Inc. Chief Executive Officer Robert Benmosche said that living wills, designed to help unwind struggling financial firms, may lead to international disputes. Comparing ...
Re Pricing Down For June 1 Florida Renewals: Guy Carpenter
In a briefing published on it the website Monday, reinsurance broker Guy Carpenter said noted that alternative reinsurance capital helped drive traditional reinsurance pricing down for midyear ...
AIG’s Benmosche Uncertain About ILFC Sale; Welcomes Extra Oversight
American International Group Inc. Chief Executive Officer Robert Benmosche raised doubt about whether the company will complete a sale of its plane-leasing unit to a Chinese investor group by a ...