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People News: AIG, JPMorgan, Deutsche Bank

Deutsche Bank - Foyer Bridge

American International Group, the largest commercial insurer in the U.S. and Canada, named Michael Lewis chief digital officer as the company turns to technology to simplify operations and gain an edge against smaller rivals.

Bernanke defends AIG bailout in court

Ben Bernanke

Former Federal Reserve Chairman Ben Bernanke took the stand in the American International Group bailout trial Thursday afternoon appearing slightly combative and vaguely annoyed at having to testify.

Geithner on AIG: 'We were moving kind of quickly'

Timothy Geithner

Timothy Geithner backed away from two of his more provocative assessments of the 2008 bailout of American International Group Inc., in a day of courtroom testimony marked by careful answers and a lack of recollection about the details of the financial rescue he helped oversee.

Paulson says AIG bailout was meant to send a message

Hank Paulson

Former Treasury Secretary Henry Paulson’s testimony that American International received harsher terms than other institutions getting government bailouts in the financial crisis sets the stage for Tuesday’s examination of a second architect of the rescue.

Ex-AIG CEO's $25bn bailout lawsuit to go ahead

Gavel

A federal judge has rejected the United States' bid to dismiss a more than $25bn lawsuit filed by Maurice 'Hank' Greenberg, the former chief executive of American International Group Inc, over the insurer's government bailout, clearing the way for a September 29 trial.

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Deutsche Bank - Foyer Bridge

People News: AIG, JPMorgan, Deutsche Bank

American International Group, the largest commercial insurer in the U.S. and Canada, named Michael Lewis chief digital officer as the company turns to technology to simplify operations and gain an edge against smaller rivals.

Ben Bernanke

Bernanke defends AIG bailout in court

Former Federal Reserve Chairman Ben Bernanke took the stand in the American International Group bailout trial Thursday afternoon appearing slightly combative and vaguely annoyed at having to testify.