Exact(40)
The banks may try to reach settlements with A.I.G. to avoid going to court.
Mr. Almunia has gained a reputation for attempting to reach settlements, where possible, rather than trying to win scalps.
"I would expect that sooner or later the rest of the industry will reach settlements on similar terms," he said.
JPMorgan and Morgan Stanley are the third and fourth to reach settlements, after deals by UBS and Citigroup last week.
It is unclear how many American claimants are eager to reach settlements with Cuba outside official channels.
Most owners reach settlements with their employees for nominal amounts and pay their bus fare out of town.
Similar(19)
El Paso, California Reach Settlement Deal.
Disney, Miramax Founders Reach Settlement.
Compuware, IBM Reach Settlement Agreement.
(See "Indian Billionaire Ambani Brothers Reach Settlement").
Julie Taymor, 'Spider-Man' producers reach settlement .
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