BNET Industries
American General Finance Corp. is in the Financial Services Industry
Latest News and Analysis
Wilmington Finance, Inc. to Cease Wholesale Mortgage Originations
PLYMOUTH MEETING, Pa. -- Wilmington Finance, Inc. WFI announced today that it will cease wholesale mortgage banking originations effective June 17, 2008. WFI will honor the existing loan commitments in its mortgage banking pipeline and will maintain a reduced retail operation. WFI, a wholly-owned subsidiary of American General Finance, Inc.,...
Fitch Affirms AIG Ratings; Outlook Negative
CHICAGO -- Fitch Ratings has affirmed American International Group, Inc.'s (NYSE: AIG) Issuer Default Rating IDR and senior debt ratings of 'AA-', as well as its other holding company and subsidiary debt ratings, including those of AIG Capital Corp., International Lease Finance Corp. ILFC and American General Finance AGF as...
Fitch Affirms AIG Capital Corp. & Subsidiaries; Outlook Stable
CHICAGO -- Fitch Ratings has affirmed AIG Capital Corporation AIGCC and its main subsidiaries, American General Finance Inc. AGF and International Lease Finance Corp. ILFC following rating actions taken on American International Group, Inc. AIG See separate press release for rating action on AIG. The ratings are removed from Rating...
Fitch Discusses Rating Rationale Behind AIG Downgrade
CHICAGO -- Earlier today Fitch Ratings downgraded American International Group, Inc.'s (NYSE: AIG) Issuer Default Rating IDR and senior debt ratings to 'AA-' from 'AA', as well as its other holding company and subsidiary debt ratings, including those of AIG Capital Corp., International Lease Finance ILFC and American General Finance...
Fitch Discusses Rating Rationale Behind Downgrade of AIG Capital
CHICAGO -- Earlier today, Fitch Ratings lowered the ratings of AIG Capital Corp. AIGCC and its main subsidiaries, American General Finance Inc. AGF and International Lease Finance Corp. ILFC following rating actions taken on American International Group, Inc. AIG See separate press release for rating action on AIG. All ratings...
American General Finance Parent AIG to Report First Quarter 2008 Earnings and Hold Conference Call
EVANSVILLE, Ind. -- American International Group, Inc. AIG will report its first quarter 2008 earnings on Thursday, May 8, 2008 after the close of the market. AIG's earnings release and financial supplement will be available in the Investor Information section of www.aigcorporate.com following the filing of AIG's Form 10-Q for...
Popular Inc. sells U.S. loan portfolio.(PUERTO RICO)
Popular, Inc. on March 4 announced the completion of the previously announced sale by its Equity One subsidiary of a significant portion of its U.S. consumer-finance loan portfolio to American General Finance, Inc. for about US$1.48 billion. "The closing of the transaction allows us to move...
Popular sells US finance operations.(PUERTO RICO)
Popular, Inc. on Jan. 23 announced the signing of an Asset Purchase Agreement to sell certain assets of Equity One, the US mainland consumer finance operations of Popular Financial Holdings, to American General Finance, Inc., a member of American International Group. The Agreement contemplates the sale...
Fitch: AIG Remains on Rating Watch Negative on 4Q'07 Losses
CHICAGO -- American International Group, Inc.'s (NYSE:AIG) Issuer Default Rating IDR, along with all holding company ratings and subsidiary debt ratings including International Lease Finance and American General Finance, remain on Rating Watch Negative by Fitch Ratings following AIG's announced fourth quarter-2007 (4Q'07) financial results. A list of ratings is...
American General Finance Parent AIG to Report Full Year and Fourth Quarter 2007 Earnings and Hold Conference Call
EVANSVILLE, Ind. -- American International Group, Inc. AIG will report its full year and fourth quarter 2007 earnings on Thursday, February 28, 2008 after the close of the market. AIG's earnings release and financial supplement will be available in the Investor Information section of www.aigcorporate.com following the filing of AIG's...
Fitch Places AIG Debt Ratings on Rating Watch Negative
CHICAGO -- Fitch Ratings has placed American International Group, Inc.'s (NYSE:AIG) Issuer Default Rating IDR, holding company ratings and subsidiary debt ratings including International Lease Finance and American General Finance on Rating Watch Negative. A list of ratings is detailed below. The rating action follows AIG's acknowledgement in...
MOODY'S CHANGES POPULAR, INC.'S OUTLOOK TO STABLE
Moody's Investors Service changed the ratingoutlook on Popular,Inc. Popular and its subsidiaries to stable from negative. Theholding company is rated A3 for senior debt and the leadbank, BancoPopular de Puerto Rico, is rated C+ for bank financial strength andA2 for deposits. The outlook change follows Popular's announcementthat it has agreed...
PUERTO RICO: MOODY'S CHANGES POPULAR, INC.'S OUTLOOK TO STABLE.
Moody's Investors Service changed the rating outlook on Popular, Inc. Popular and its subsidiaries to stable from negative. The holding company is rated A3 for senior debt and the lead bank, Banco Popular de Puerto Rico, is rated C+ for bank financial strength and...
Fitch Affirms & Removes Popular, Inc. from Rating Watch Negative
NEW YORK -- Fitch Ratings has affirmed the long-term Issuer Default Rating IDR of 'A-' for Popular, Inc. Popular and removed it from Rating Watch Negative. This action follows the sale of a large part of Equity One's loan portfolio to American General Finance, Inc. AGF. Popular will receive approximately...
American General Finance, Inc. to Acquire a Portion of Equity One's Consumer and Mortgage Loan Portfolio from Popular, Inc
NEW YORK -- American General Finance, Inc. American General Finance, a wholly owned subsidiary of American International Group, Inc. AIG, today announced it has entered into an agreement with Popular, Inc. to acquire a substantial portion of its Equity One consumer branch loan portfolio for $1.49 billion. Equity One is...
Fitch Assigns AIG Capital Corporation IDRs of 'A+/F1'
CHICAGO -- Fitch Ratings has assigned a long-term Issuer Default Rating IDR of 'A+' and a short-term IDR of 'F1' to AIG Capital Corporation AIGCC. The Rating Outlook is Stable. AIG Capital Corporation --Issuer Default Rating IDR 'A+'; --Short-term IDR 'F1'. AIGCC...
Fitch Affirms American General Finance Corp. IDRs at 'A+/F1'; Outlook Stable
CHICAGO -- Fitch Ratings has affirmed its long-term Issuer Default Rating IDR of 'A+' and short-term IDR of 'F1' for American General Finance Corporation AGFC and American General Finance Inc. AGFI. The Rating Outlook is Stable. The ratings cover approximately $23 billion of debt outstanding as of Sept. 30, 2007....
American General Finance Parent AIG to Webcast Investor Meeting on December 5, 2007
EVANSVILLE, Ind. -- In response to continuing interest from the investment community, American International Group, Inc. AIG announced on November 20, 2007 that it will hold an investor meeting on Wednesday, December 5, 2007 at 8:30 a.m. EST to discuss its exposure to the U.S. residential mortgage market in greater...
American General Finance Parent AIG to Report Third Quarter 2007 Earnings and Hold Conference Call
EVANSVILLE, Ind. -- American International Group, Inc. AIG will today report its third quarter 2007 earnings, after the close of the market. A conference call, broadcast live over the Internet, will be held on Thursday, November 8, 2007 at 8:30 a.m. EST to discuss AIG's third quarter results. American General...
Fully Immersed
ACA member PJ Turner has devoted her career to helping struggling consumers get back on their feet PJ Turner, vice president of CNAC Franchise Operations in Carmel, Ind., is no stranger to sticking with something and helping it grow. Having been with the same company for the...
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- Incorporated: 1927
American General Finance is a financial services holding company. Co. has two business segments: consumer finance and insurance. The consumer finance segment makes home equity loans, originates secured and unsecured consumer loans, extends lines of credit, and purchases retail sales contracts from, and provides revolving retail services for, retail merchants. To supplement Co.'s lending and retail sales financing activities, Co. purchases portfolios of real estate loans, non-real estate loans, and retail sales finance receivables. The insurance segment writes and assumes credit and non-credit insurance through products that are offered principally by the consumer finance segment.
Key Competitors
American General Finance Corp. Company Info
Board of Directors
Frederick W. Geissinger
Donald R. Breivogel Jr.
Stephen L. Blake
Robert A. Cole
Jerry L. Gilpin
Ben D. Hendrix
Contact Information
601 N.W. Second Street
Evansville, IN
812 424-8031
NAICS Code
Consumer Lending: 522291Brought to you by IBMSponsored Resources
