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AIG subsidiary American General Finance closes 178 branches

(BestWire) - American International Group, the stricken US insurance giant, has closed 178 branches and cut approximately 380 jobs at American General Finance Inc., a consumer finance unit, the company said.

The company will take a pretax charge of about $13 million in the fourth quarter related to the closings, according to a statement filed with the U.S. Securities and Exchange Commission. The closings

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