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Sale frees NY fed of AIG toxic assets

The Federal Reserve Bank of New York has made billions of dollars in revenue for US taxpayers with the sale of the last toxic assets acquired through its bailout of AIG in 2008, according to US press reports.

Hyperion boosts BP Marsh cash position

The partial realisation of its investment in Hyperion has improved BP Marsh & Partners’ cash position according to a trading update issued today by the venture capital provider.

View from the Top: Beyond the bottom line

When the MDS team first heard about Swiss Re's planned involvement in a new food security initiative a few months ago, we were struck by the sense of responsibility and stewardship that the company's move represented.

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