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Out of the total $182 billion TARP money given to AIG, the majority was used to meet its obligations to its Wall Street trading partners on credit default swaps, a form of insurance against default of securities. Among the others, the French trading partners Glencairn Gold Corp. (GLE) received $11.9 billion and BNP Paribas got $4.9 billion of the money given to AIG. Also, Germany's Deutsche Bank AG (DB) received $11.8 billion.
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Which large banks did not receive tarp funds?
Type your answer here... chase
Did Regions bank receive TARP money?
Yes, Regions Bank was among those who received TARP money. Regions has however, begun to repay those funds and seems to be holding strong. Yes, Regions bank received 3.5 billion dollars in TARP money. As of late 2009, Regions bank had paid back the entire 3.5 billion.
Did HSBC get a bailout under TARP?
HSBC did not receive bailout funds. However, AIG is strongly connected to HSBC, and AIG accepted the TARP money. This contributed a significant amount to HSBC.
What is a bank bailout acronym?
tarp
Did Woodforest Bank take tarp money?
No they did not.
Which large banks did not receive tarp funds?
Type your answer here... chase
Did Regions bank receive TARP money?
Yes, Regions Bank was among those who received TARP money. Regions has however, begun to repay those funds and seems to be holding strong. Yes, Regions bank received 3.5 billion dollars in TARP money. As of late 2009, Regions bank had paid back the entire 3.5 billion.
IS Valley Capital Bank Arizona part of federal bailout?
No, they have not received any TARP funds or any other Federal funds.
Did HSBC get a bailout under TARP?
HSBC did not receive bailout funds. However, AIG is strongly connected to HSBC, and AIG accepted the TARP money. This contributed a significant amount to HSBC.
Did discover bank receive tarp monies?
yes What was the total amount of money that Discover Bank received from the Economic Stimulus (bailout) plan?
What is a bank bailout acronym?
tarp
Did Woodforest Bank take tarp money?
No they did not.
How much tarp money did wachovia receive?
According to CNN and several other News sorces, Wells Fargo received $25 billion dollars in bailout money.reference:http://money.cnn.com/2009/01/28/news/companies/wells_fargo/index.htm
How much tarp money did ally bank get?
GMAC/Ally Bank received $16.28 Billion. It has not paid any of back yet. If you want to go to a bank that did not take TARP money I suggest FNBO Direct. If you want to go to a bank with high rates on savings accounts I suggest American Express bank, which received TARP money, but paid it all back.
Which investment banks took TARP money?
Some American investment banks that took TARP money include the Bank of New York Mellon, Capital One Financial Bank, State Street Bank, and Northern Trust Bank.
How does Tarp protect the treasury funds?
TARP protects treasury funds by stabilizing the economy, both by causing a federal influx of cash, and stimulating banking business in the private business sector. It accomplishes this by purchasing assets and other items from financial institutions.
Have most banks repaid their TARP money?
Most banks repaid TARP funds using capital raised from the issuance of equity. J.P. Morgan, Chase, and 10 more of the nation's largest banks have officially paid back their TARP money.
