Once the world's largest insurer, AIG was teetering on the verge of collapse under tens of billions of dollars of souring, unhedged derivatives contracts in September 2008 when it sought liquidity from the New York Fed.― Reuters pic
Once the world's largest insurer, which needed a US government bailout to survive the 2008 global financial crisis, named Peter S. Zaffino to lead AIG starting March 1, 2021, in addition to his current role as the company's president. “Peter has been instrumental in the significant turnaround and transformation at AIG and his vision, determination and pursuit of excellence will help ensure the company's future success,” Duperreault said.
Once the world's largest insurer, AIG was teetering on the verge of collapse under tens of billions of dollars of souring, unhedged derivatives contracts in September 2008 when it sought liquidity from the New York Fed.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Pakistani PM writes to Facebook CEO seeking ban on Islamophobic contentISLAMABAD (Reuters) - Pakistani Prime Minister Imran Khan has written a letter to Facebook CEO Mark Zuckerberg seeking a ban on Islamophobic content on the social networking site, the government said on Sunday. Since chedetofficial and ImranKhanPTI soured relation between Malaysia and India Has Pakistan bought enough Malaysian palm oil to replace India's consumption PMOIndia 《French teacher beheaded. A tragic incident. It all started with Freedom of Speech?》 [Why Freedom of Speech can be distasteful to the Chinese?]
Source: staronline - 🏆 4. / 75 Read more »
Ab Rasid dilantik CEO TFCKuala Terengganu: Terengganu Football Club (TFC) Sdn Bhd tidak menunggu lama memperkemaskan pentadbirannya apabila melantik bekas 'orang kuat' skuad T-Team, Ab Rasid Jusoh sebagai Ketua Pegawai Eksekutif (CEO), pasukan itu bermula bulan ini.
Source: hmetromy - 🏆 26. / 51 Read more »
Russia's new coronavirus cases hit new record high of 17,347 | Malay MailMOSCOW, Oct 26 — Russia's daily tally of new coronavirus cases surged to a record high of 17,347 today, including 5,224 in Moscow, taking the national tally to 1,531,224. Authorities said 219 people had died in the last 24 hours, pushing the official death toll to 26,269. — Reuters
Source: malaymail - 🏆 1. / 86 Read more »
Putin rejects Donald Trump's criticism of Biden family business | Malay MailMOSCOW, Oct 26 — Russian President Vladimir Putin said yesterday that he saw nothing criminal in Hunter Biden's past business ties with Ukraine or Russia, marking out his disagreement with one of Donald Trump's attack lines in the US presidential election. Putin was responding to comments made by...
Source: malaymail - 🏆 1. / 86 Read more »
Berlin police break up demo as coronavirus tensions mount | Malay MailFRANKFURT, Oct 26 — Berlin police yesterday broke up a protest against coronavirus curbs and opened an arson investigation after an attack on a building housing the country's public health agency. Hundreds of police officers were out on the streets of the German capital to monitor a protest of...
Source: malaymail - 🏆 1. / 86 Read more »
'Demon Slayer' revenue tops US$100m in 10 days, breaking Japan box-office record | Malay MailTOKYO, Oct 26 — Japanese animated film Demon Slayer shattered a box-office record, reaching revenue of 10.75 billion yen (US$102.48 million or RM426.35 million) in just 10 days, the film's distributor said today. That was the fastest pace for ticket sales in Japan to top 10 billion yen, besting...
Source: malaymail - 🏆 1. / 86 Read more »