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Two AIG units settled federal charges that they discriminated against black home buyers on fees for mortgages and will pay $7.1 million for restitution and education efforts, the U.S. Justice Department said on Thursday.

A tax question holding up American International Group Inc's sale of its foreign life insurance unit to MetLife Inc is expected to be resolved favorably, clearing the way for a roughly $15 billion deal, sources familiar with the matter said on Thursday.

Two AIG units settled federal charges that they discriminated against blacks in providing home loans and will pay at least $7.1 million for restitution and education efforts, according to court documents filed on Thursday.

Any job losses from Prudential Plc's planned $35.5 billion acquisition of American International Group's Asian insurance arm will be mainly in back-office operations and not among sales forces, the companies' CEOs told staff in Asia, sources said.

Any job losses from Prudential Plc's planned $35.5 billion acquisition of American International Group's Asian insurance arm will be mainly in back-office operations and not among sales forces, the companies' CEOs told staff in Asia, sources said.

The chief executives of Britain's Prudential Plc and American International Group met employees of the two firms in Southeast Asia on Thursday, in a bid to address concerns about the insurance industry's record M&A deal unveiled earlier this week.

Britain's Prudential will buy American International Group's Asian life insurance arm for $35.5 billion in the insurance sector's biggest deal ever, helping the bailed-out U.S. group repay a big chunk of its taxpayer debt.

American International Group Inc has asked former employees of its Financial Products unit for information about how much they earned elsewhere after leaving the company as it prepares to hand them retention payments, a source familiar with the matter said on Monday.

Britain's Prudential will buy AIG's Asian arm for $35.5 billion in the insurance sector's biggest deal ever, helping the bailed-out U.S. group repay a big chunk of its taxpayer debt.

Stock index futures pointed to a slightly higher open on Monday after AIG said it would sell its life insurance unit in Asia and deal looked near for a European Union bailout of Greece.

Britain's Prudential said it would buy AIG's Asian life insurance arm for $35.5 billion, making it the undisputed foreign leader in one of the world's fastest-growing financial services markets.

Britain's Prudential said it would buy AIG's Asian life insurance arm for $35.5 billion, in a deal set to make the insurer the undisputed leader in one of the world's fastest-growing financial services markets.

Britain's Prudential confirmed it is in advanced talks to buy the Asian arm of AIG in a deal that would make the insurer the undisputed leader in one of the world's fastest-growing financial services markets.

American International Group Inc agreed to sell its Asian life insurance unit to Britain's Prudential Plc for about $35.5 billion, in a deal that would help the U.S. government get back billions of its bailout money, sources familiar with the matter said.

American International Group Inc's board approved the sale of its Asian life insurance business to Britain's Prudential Plc for $35.5 billion, a source familiar with the matter said on Sunday.

Prudential , Britain's largest insurer, is in advanced talks to buy the Asian arm of American International Group in a deal worth about $35.5 billion, sources familiar with the matter said on Saturday.

Prudential , Britain's largest insurer, is in advanced talks to buy the Asian arm of U.S. giant AIG , in what could be one of the largest overseas deals to date for a UK firm, sources familiar with the discussions said on Saturday.

American International Group Inc reported a quarterly loss of $8.9 billion, hurt by loss reserves and efforts to repay the U.S. government, as it struggles to find its feet more than a year after its $182.3 billion rescue.

American International Group Inc has decided not to use securitized U.S. life insurance policies to repay the U.S. government after a $182.3 billion rescue, a source familiar with the matter said on Friday.

The pending $15 billion sale of a unit of American International Group to MetLife may be pushed back by a tax dispute that may require a ruling from the Internal Revenue Service, the Wall Street Journal reported.

American International Group Inc turned down JPMorgan's attempts to get in on the estimated $10 billion Hong Kong IPO of its Asian life insurance unit, sources involved with the deal said on Friday, in a snub partly stemming from soured relations dating back to the financial crisis.

American International Group Inc has launched a new system to determine how employees get incentive pay, a move that follows public outcry over retention payments the bailed-out insurer made to some staff.

MetLife Inc plans to pay American International Group Inc in stock and cash for American Life Insurance Co , as the two sides negotiate what could be a roughly $15 billion deal, a source familiar with the matter said on Tuesday.

American International Group Inc on Monday named a KeyCorp vice chairman and financial services veteran to a newly created post overseeing finance, risk and investments.

U.S. regulators are investigating whether the mortgage insurance market was improperly distressed in 2008 because of payment demands that Goldman Sachs Group Inc and other banks made on American International Group Inc , The New York Times reported on Sunday.

U.S. Treasury Secretary Timothy Geithner on Wednesday said insurer AIG's contracts to pay hundreds of millions of dollars in bonuses were outrageous and appealed to Congress to help recoup payments.

President Barack Obama's pay czar on Wednesday predicted the issue of hefty bonuses for AIG employees would end in March and denied a Republican claim that the firm outmaneuvered the Obama administration.

AIG said on Tuesday current and former employees of its Financial Products unit had so far agreed to accept cuts totaling about $20 million in retention payments, short of a $26 million target.

American International Group Inc , which was bailed out with a $182.3 billion U.S. aid package, named a former top Lehman Brothers Holdings Inc lawyer as general counsel on Tuesday.