AIG has in recent months regained billions of dollars it lost to Wall Street banks last year as trades turned sour, thanks to a turnaround in the very securities that helped drag down the troubled US insurer, reports the WSJ. For the second quarter, the figure may have topped $3bn, public filings suggest. Goldman Sachs, for one, has sent back at least about $1bn.

This entry was posted by Gwen Robinson on Thursday, October 29th, 2009 at 4:47 and is filed under Capital markets. Tagged with aig, goldman sachs. Edit this entry.