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Opinion: AIG’s dithering shows it pays to be decisive

July 22, 2010  

From Aaron Pan

AIG’s indecision over how best to sell out of its AIA unit may come back to haunt the US insurer now that it has returned to its original plan of floating the life insurance business in Hong Kong.

AIG’s constant mind-changing about the future of its AIA unit may be helping generate media headlines, but its dithering may have cost it – and the American taxpayer – billions of US dollars.

The majority state-owned American insurer originally pursued the...


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 SYNDICATED LOANS

Rank Bookrunner Value ($m) No. %Share
1 Industrial & Commercial Bank of China - ICBC 1,160 1 16.4
1 Bank of Communications Co Ltd 1,160 1 16.4
3 State Bank of India 964 3 13.6
4 Land Bank of Taiwan 400 7 5.6
5 Maybank Investment Bank Bhd 332 1 4.7
6 AXIS Bank 236 2 3.3
7 IDBI Bank Ltd 124 1 1.8
8 HSBC 92 2 1.3
9 BNP Paribas 92 1 1.3
10 First Commercial Bank Co Ltd 65 4 0.9
Subtotal 4,623 18 65.2
Total 7,090 32 100.0


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