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FACTBOX-AIG discloses counterparties on CDS transactions
March 15, 2009 / 9:46 PM / in 9 years

FACTBOX-AIG discloses counterparties on CDS transactions

 NEW YORK, March 15 (Reuters) - American International Group Inc (AIG.N) disclosed on Sunday that U.S. and European banks  have been among the biggest beneficiaries of the up to $180 billion U.S. taxpayer bailout of the insurer.
 The following lists the collateral postings for counterparties who bought credit default swaps from AIG Financial Products between Sept. 16, 2008 -- the date of the initial government rescue -- and Dec. 31, 2008: Counterparty Amount           Posted ($ BLN) ------------------------------------------- Societe Generale (SOGN.PA)        $4.1 Deutsche Bank (DBKGn.DE)           2.6 Goldman Sachs Group (GS.N)         2.5 Merrill Lynch & Co Inc (BAC.N)     1.8 Calyon [CRINDZ.UL]                 1.1 Barclays PLC (BARC.L)              0.9 UBS AG UBSN.VX (UBS.N)           0.8 DZ Bank [DETGNF.UL]                0.7 Wachovia Bank (WFC.N)              0.7 Rabobank [RABOM.UL]                0.5 KFW [KFW.UL]                       0.5 JPMorgan Chase (JPM.N)             0.4 Banco Santander SA (SAN.MC)        0.3 Danske Bank (DANSKE.CO)            0.2 Reconstruction Finance Corp        0.2 HSBC Holdings PLC (HSBA.L)         0.2 Morgan Stanley (MS.N)              0.2 Bank of America Corp (BAC.N)       0.2 Bank of Montreal (BMO.TO)          0.2 Royal Bank of Scotland (RBS.L)     0.2 ------------------------------------------- Top 20 CDS Total                 $18.3 Other                              4.1 Total Collateral Postings        $22.4 Source: AIG
     (Compiled by Emily Chasan)   

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