American International Group Inc. (AIG) signage stands outside the company's headquarters in New York, U.S., on Thursday, Oct. 29, 2015. (Photo:: Michael Nagle/Bloomberg) American International Group Inc. (AIG) signage stands outside the company’s headquarters in New York, U.S., on Thursday, Oct. 29, 2015. (Photo:: Michael Nagle/Bloomberg)

A U.K. appeals court dealt the final blow to a group of former AIG Financial Products (AIGFP) employees’ hopes of collecting $100 million in bonuses dating back to the financial crisis, Bloomberg reported.

Ruling in favor of AIG, the Court of Appeals overturned a November 2018 ruling that might have allowed for 23 former traders, analysts and managers at the London branch of AIG Management France SA and AIG Financial Products to pursue payment for unobtained bonuses, said Bloomberg.

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Heather A. Turner

Heather A. Turner is the managing editor of ALM's NU Property & Casualty Group. She can be reached at [email protected].

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