Cornerstone Macro chief investment strategist Michael Kantrowitz and CMC Markets chief market analyst Michael Hewson discuss their outlooks for the markets.
Insurer American International Group Inc on Monday said its board approved a plan to separate the life and retirement business from the rest of the company and named President Peter Zaffino as chief executive officer, effective next year.
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AIG AMERICAN INTERNATIONAL GROUP INC.
Zaffino, 53, who succeeds 73-year-old Brian Duperreault, will take charge in March. Zaffino will be AIG’s seventh CEO since 2005.