The biggest and most complex U.S. insurance firms are in line to face capital standards that are simpler and less costly than those imposed on Wall Street banks, Federal Reserve Governor Daniel Tarullo said Friday.
American International Group Inc. and Prudential Financial Inc. told regulators they could divest units and halt policy sales to avoid taking a bailout in a future crisis.
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"uri": "/2017/09/29/aig-is-no-longer-too-big-to-fail/",
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"summary": "The U.S. freed the New York-based insurer from enhanced regulation, removing the scarlet letter it wore since the 2008 financial crisis.",
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"summary": "The U.S. freed the New York-based insurer from enhanced regulation, removing the scarlet letter it wore since the 2008 financial crisis.",
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"title": "As cyber threats mount, will regulators force banks to require safeguards?",
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"summary": "The Feds plan subjects AIG and Prudential to a narrow set of categories by which they would have to measure the riskiness of their assets.",
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"summary": "The biggest and most complex U.S. insurance firms are in line to face capital standards that are simpler and less costly than those imposed on Wall Street banks, Federal Reserve Governor Daniel Tarullo said Friday.",
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"uri": "/2014/08/28/u-s-banks-had-40-2-billion-profit-in-second-quarte/",
"title": "U.S. banks had $40.2 billion profit in second quarter, FDIC says",
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"prettyDate": "August 28, 2014",
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"summary": "U.S. banks reported Q2 profits as lenders cut costs to offset a decline in trading income.",
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{
"uri": "/2014/07/03/aig-would-rely-on-divestitures-to-avoid-u-s-rescues/",
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"summary": "American International Group Inc. and Prudential Financial Inc. told regulators they could divest units and halt policy sales to avoid taking a bailout in a future crisis.",
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