It its effort to recruit a CEO, AIG faces challenges due to lacklustre performance, industry volatility, and a dearth of well qualified executives.
The bank has opened a fourth ‘innovation lab’ to work with Fintech start-ups to deploy artificial intelligence, cloud, cybersecurity and other technologies.
Germany’s biggest bank is putting new strategies in place to help it better compete on Wall Street, including a shift in focus and a new US chief.
A new survey from PwC looks at board composition, with a focus on the number of women on boards in nine key industries in the US.
Looking to gain investment expertise and become financial conglomerates, Asian technology and industrial giants are snapping up Western investment firms.
Big US health insurers have been trying unsuccessfully to form megamergers that would reshape the industry.
As a means of risk management, AIG will pay Berkshire Hathaway about $10 billion to take on a number of long-term risks on commercial insurance policies.
How can organisations thrive in a complex world of risk?