BP has lauched a $40bn (£24bn) lawsuit against Transocean, the owner of the Deepwater Horizon rig that exploded in the Gulf of Mexico last year.
AIG is aiming to reduce its obligation to the US government by offering to buy a $15.7bn (£9.72bn) portfolio of mortgage-backed securities from the Fed.
The value of AIA has soared above the $35.5bn failed Prudential offer on its trading debut, with shares in the Asian insurer climbing as much as 17% today.
Asian insurer AIA raised $17.8bn in its long-awaited IPO this morning, valuing the group at $30.5bn.
Jupiter financials specialists Guy de Blonay and Philip Gibbs have placed an order for shares in the giant AIA share offering.
AIG is set to press ahead with the IPO of its Asian arm AIA, which is likely to value the group at a lower price than the renegotiated offer it rejected from UK insurer Prudential.
The US Treasury could announce plans to return independence to insurance giant AIG as early as this week.
Prudential CEO Tidjane Thiam says he "very much regrets" the collapse of the insurer's giant $35.5bn AIA takeover, which has cost the company £377m.
AIG, the insurer that received £119bn in emergency funding during the financial crisis, is expected to appoint former Pru CEO Mark Tucker as head of its Asian business, AIA.
SVM's managing director Colin McLean has boosted his funds' exposure to gold companies by about 2% this month, trimming European financials and basic resource stocks to finance the switch.