A source with knowledge of the situation said work is underway for a bailout of New York-based Ambac Financial Group by eight financial institutions. On Jan. 18, Fitch Ratings reduced the insurer from
"Our plans to set up an office in the Qatar Financial Centre (QFC) reflect the exciting opportunities available there," he said in a statement. "We have had solid growth in the region and believe ther
AIG Admits Improper Accounting On Gen Re Deal Additional bookkeeping problems could cost carrier up to $1.66 billionAmerican International Group, under intense regulatory scrutiny, made ...