IAG, Boeing reach deal on 18 long-haul planes
MADRID - International Airlines Group on Wednesday said it had reached a deal with Boeing to convert options into firm orders for 18 long-haul planes.
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Reuters
IAG in talks with Airbus on A350 order for British Airways: WSJ
Airline holding company International Airlines Group could order Airbus' new A350 long-range aircraft for its British Airways arm as soon as this week, the Wall Street Journal reported on Monday.
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Reuters
N.Y. Fed Employee Reverses Testimony on AIG Losses
A New York Fed employee took back testimony he previously gave in a legal clash between American International Group and Bank of America over about $10 billion in mortgage-investment losses.
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AIG sets compensation clawback policy for executive wrongdoing
American International Group , the insurer whose government bailout was marked by controversy over executive salaries, on Wednesday said its board adopted a clawback policy to recover compensation in case of mistakes or wrongdoing.
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Reuters
Prudential fined for failed bid for AIG's Asia arm
LONDON -- Britain's financial services regulator has fined insurer Prudential PLC 30 million pounds ($45.5 million) and censured its chief executive, over the company's handling of a failed bid to acquire rival the Asian subsidiary of American International Group in 2010....
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