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Empresas y finanzas

Four banks to manage AIG share sale: source


    NEW YORK (Reuters) - AIG chose Bank of America , Deutsche Bank AG , Goldman Sachs Group Inc and JPMorgan Chase & Co , to manage the sale of the government's 92 percent stake in the insurer, a person familiar with the situation said on Tuesday.

    Sources have said that the process likely will begin with a secondary offering in May that could be one of the 10 largest in history. The government is expected to sell at least $15 billion in AIG shares then, and the company is expected to sell another $3 billion on top of that.

    (Reporting by Ben Berkowitz. Editing by Robert MacMillan)