AIG settles charges, to pay $126 million
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NEW YORK - American International Group Inc. said Wednesday that it has agreed to pay $126 million to settle federal allegations that the insurance giant helped two customer companies commit accounting fraud.
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The  world's largest insurance group pays $126m in fines as part of a settlement with US regulators over its dealings with two firms.
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American Express will receive a payment of about $2.1bn from Visa after it sued the credit card giant.
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Bank of America Corp.  agreed to pay $26 million to settle regulatory charges that it issued false equity research, and let its own traders misuse analyst reports to generate improper profits.
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RS Investments, a $6.7 billion money manager based in San Francisco, said Wednesday it had settled US and state allegations of improper trading by agreeing to pay $30 million in fines and reduced management fees.
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â¢American International Group, Inc. reported that AIG Financial Products Corp., a subsidiary, has reached an $80 million settlement with the Department of Justice concerning charges that stemmed from structured
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Bank of America Corp.  agreed  to pay $26 million to settle regulatory charges that it issued  false equity research, and let its own traders misuse analyst  reports to generate improper profits.
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International Business Machines Corp. said yesterday it will pay at least $300 million to settle part of a lawsuit that claimed the firm&#39;s pension plan discriminated against older workers.
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American International Group Inc. , the world's largest insurer, will pay up to $163 million to help its subprime borrowers stay in their homes, according to an agreement with U.S. regulators announced on Friday.
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Financial-services giant Citigroup Inc. will pay $250,000 to settle allegations it used misleading sales material on hedge funds, the National Association of Securities Dealers announced Monday.
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AIG will return $46m in fees it earned on three off-balance-sheet vehicles set up for PNC Financial as part of a settlement with regulators announced this week.
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Time Warner said yesterday that it had agreed to pay the US government $510 million (R3 billion) to resolve criminal and civil charges that its America
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Global grocery retailer Ahold NV has agreed to a settlement of civil fraud charges over an alleged $1 billion overstatement of earnings in a deal with U.S. regulators that does not fine the company.
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International Business Machines Corp., the world&#39;s largest computer maker, said it will pay at least $300 million to settle part of a lawsuit that claimed the company&#39;s pension plan discriminated against older workers.
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I.B.M. said that it had agreed to pay $320 million to its employees to settle in part a class-action lawsuit over its pension plan.
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The commercial insurer reached an agreement with  several states to pay $6 million to resolve an investigation into fees it paid to brokers.
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Qwest Communications agrees to make a  $250m payment to settle charges stemming from an inquiry into an alleged securities fraud.