AIG Derivatives Unit Seen Gaining USD2.5B

02 Nov 2009

AG Financial Products, the American International Group unit that nearly brought the insurer to its knees, will record a gain of roughly USD2.5 billion in the third quarter, according to Thomas Gallagher, a Credit Suisse analyst.

AG Financial Products, the American International Group unit that nearly brought the insurer to its knees, will record a gain of roughly USD2.5 billion in the third quarter, according to Thomas Gallagher, a Credit Suisse analyst. In a note to clients, Gallagher said a broad-based asset price recovery ...

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