New York Attorney General Eric Schneiderman dropped damages claims in the case last month, but he is still trying to have Maurice "Hank" Greenberg banned from the securities industry and from being a director or officer of a public company.

New York Attorney General Eric Schneiderman dropped damages claims in the case last month, but he is still trying to have Maurice "Hank" Greenberg banned from the securities industry and from being a director or officer of a public company.

MBIA Inc agreed to pay Societe Generale $350 million to settle litigation over the bond insurer's restructuring, according to a person familiar with the case.

MBIA Inc agreed to pay Societe Generale $350 million to settle litigation over the bond insurer's restructuring, according to a person familiar with the case.

Bond insurer MBIA Inc and Bank of America Corp have reached a settlement in an ongoing legal dispute, and BofA will pay MBIA $1.6 billion, sources familiar with the matter said on Monday.

Bond insurer MBIA Inc and Bank of America Corp have reached a settlement in an ongoing legal dispute, and BofA will pay MBIA $1.6 billion, sources familiar with the matter said on Monday.

Bond insurer MBIA is working with law firm Weil Gotshal & Manges as it seeks to avoid possible rehabilitation of its structured finance unit by a New York regulator, says a source familiar with the matter.

A New York state appeals court on Tuesday cleared the way for bond insurer MBIA Inc to pursue a fraud lawsuit against Bank of America Corp over toxic mortgage securities.