You are here

AIG's risk to stability reduced; qualifies for less oversight: Yellen

But US financial regulators still divided over how to determine if a company is systemically risky


AMERICAN International Group Inc poses less of a threat to financial stability because it shrank its assets by more than US$500 billion, Federal Reserve chair Janet Yellen said on Monday in explaining why she voted in favour of releasing the company from stricter oversight....

Market voices on: