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Financial stocks led a stock-market rally after the jobs report. AIG surged 20% and American Express led blue chips.

American International Group Inc's former Chief Executive Hank Greenberg agreed to pay $15 million to settle regulators' allegations of improper accounting transactions, the Securities and Exchange Commission said on Thursday.

Troubled insurer asks Treasury to rule on several types of executive pay, most of which is owed to embattled derivatives division in March 2010.

American International Group is preparing to pay millions of dollars more in bonuses to several dozen top corporate executives after an earlier round of payments four months ago set off a furor.

The Fed made almost $2.7 billion last quarter when gains and losses on its myriad lending facilities, asset holdings and loans to Bear and AIG are tallied up. (Report)

Members of the House Oversight Committee lash out against the bailed out insurer, as it cautiously presents its restructuring plan.

Macquarie Group, Australia’s biggest investment bank, is bidding for an AIG fund unit with about $100bn under management, reports Bloomberg. AIG expects to sell the unit for as much as $500m. Macquarie is among several firms pursuing AIG Investments, a New York-based fund manager put up for sale in January,...

AIG has delayed filing its proxy statement amid a discussion of expanding and reshuffling the board.

The lawsuit filed Wednesday alleges AIG Directors approved artificially inflated bonuses. Kent Shocknek reports.

Democrats prepared to take control of Congress after the 2006 elections, a top boss at the insurance giant American International Group Inc. told colleagues that Sen. Christopher J. Dodd was seeking re-election donations and he implored company executives and their spouses to give.