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American International Group executives, in their first conference call with Wall Street analysts in two years, sounded a cautiously optimistic tone as they mapped out the insurer's future.
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Charles Schwab said Finra won't recommend disciplinary action against the company over its sale of auction-rate securities to clients.
AIG swung to a fourth-quarter profit, as the insurer booked $17.6 billion of gains related to the sale of its divested businesses that offset a $4.2 billion charge to strengthen loss reserves at its Chartis unit.
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AIG, looking to prove to potential investors that it has nearly completed its turnaround, may face questions about its property-casualty business after the unit posted another loss in 2010.
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