Insurance giant AIG, along with the finance arm of US conglomerate GE, have been declared systemically risky by the US financial risk council. Photo: AP

US risk council designates AIG, GE Capital for tougher oversight

Designation shows that regulators believe both companies so big that their failure could destabilize financial system

Topic |   AIG

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Insurance giant AIG, along with the finance arm of US conglomerate GE, have been declared systemically risky by the US financial risk council. Photo: AP
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