Paulson mulls exit from AIG board
Activist investor John Paulson is understood to be leaving the board of American International Group just a year after securing the directorship at the US insurer. The move comes after Paulson’s hedge fund reduced its stake in AIG by 50% to nearly 0.5% two months ago. (FT)

Berkshire sells stake in Wells Fargo to comply with Fed rules
Berkshire Hathaway said on Wednesday that it sold 7.1 million shares of Wells Fargo as part of a move aimed at keeping the Warren Buffett-run fund’s ownership in the US lender below 10%. (WSJ)