The latest on Friday,

- Standard & Poor’s finally removes triple A ratings from bond insurers MBIA and Ambac. Bloomberg. S&P statement

- SABMiller and Molson Coors get US regulatory nod to pursue MillerCoors joint venture. Statement

- AIG reportedly under investigation by the SEC over accounting treatment of credit default swaps and collateralised debt obligations. WSJ

- Man Group moves into natural catastrophe insurance with $50m purchase of Nephila capital. Statement

This entry was posted by Paul Murphy on Friday, June 6th, 2008 at 7:33 and is filed under Capital markets, M&A. Tagged with aig, Ambac, Man Group, MBIA, Molson Coors, Nephila Capital, sab miller. Edit this entry.