13 articles found within the last year.
Displaying results 1 - 13
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Coutts fights back after fresh attack over AIG
Private bank Coutts has rejected fresh criticism that ... The UK bank was responding to an attack ... In an open letter published today, he said: ... Mills urges other Coutts customers who have similar ... Coutts, part of Royal Bank of Scotland, majority ... It added: "Coutts has been lobbying AIG on...
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Sir Keith Mills' letter
This morning UK entrepreneur Sir Keith Mills published ... An open letter to Coutts customers ... If you are a Coutts customer and, like ... I have set this website up to bring ... This is the reason why. ... Coutts recommended to me, and I assume many ... Coutts said my money would be safe as...
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95% of AIG cash fund investors move into recovery fund
Nearly all the investors in the troubled AIG ... An overwhelming 95% of investors in the enhanced ... AIG Life said: "Following the extensive communication exercise ... Policyholders have overwhelmingly recognised the value of the ... The insurer said in a press release this...
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AIG Investor Action Group plans to appoint lawyers
The AIG Investor Action Group, the lobby group ... In a letter sent today to AIG clients ... The fund requires an initial contribution of £250 ... Anyone not paying their contribution by Friday 21...
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AIG said to hire UBS for auction of Swiss private banking unit
American International Group has recruited UBS to auction ... AIG, besieged by losses on distressed mortgage bets,...
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Concern rises among wealthy investors over AIG money market fund
Anger is mounting among wealthy investors over prospective ... Their irritation coincides with the publication of a ... AIG investors blamed their advisers for putting them ... AIG expects to start paying back half the ... Those who redeem the rest of their money ... Criminal lawyer Joseph Hill has attracted 70 investors...
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Barclays Wealth in talks to retrieve AIG position
Barclays Wealth has started talks with insurer AIG ... AIG said clients will be able to redeem ... AIG will only underpin returns if clients choose ... The enhanced fund was hit by redemption requests ... Joseph Hill, a criminal lawyer and fund investor, ... In an e-mail correspondence, Hill was told by...
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Wealthy put trust in art
Damien Hirst’s success in raising £111m, against expectations ... Wealthy investors currently have more faith in material ... Even money market funds managed by the likes ... Sadly, beautiful objects may not outperform much longer, ... A 35% fall in microchip prices, reflecting a...
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UK-listed wealth manager reveals AIG exposure
Old Mutual, the UK-listed international savings and wealth ... Regarding shareholder funds, Old Mutual said it does...
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Wealthy investors up in arms over AIG bond redemptions
Wealthy investors are demanding an urgent response to ... AIG has suspended redemptions from the fund, AIG ... The bond was a core product for wealthy ... AIG lobbied the government before the last budget ... Redemption requests have escalated over concern about the ... Redemption demands on AIG Premier Bond resulting from...
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Europeans in the firing line as Fed bails out AIG
European banks could face billions of dollars in ... According to one analyst close to the situation, ... One source at a European financial institution said: ... AIG said in the filings that the trades ... AIG had over $30bn of imminent financial liabilities, ... In a statement AIG said it had recently...
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AIG Life Wealth Management bolsters investment research
AIG Life Wealth Management has expanded its investment ... Mark Preskett joins from his former role as ... Jake Moeller, head of investment research at AIG...
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AIG UK hires top underwriter for private client group
AIG UK has appointed Charl Bouwer to its ... Bouwer will be focusing on growing the PCG ... Bouwer has extensive experience in the high net...
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