Citigroup Inc. and JP Morgan Chase & Co. are among the banks that sold Goldman Sachs Group Inc. protection against a failure of insurer American International Group Inc., said two people with knowledge of the transactions. Deutsche Bank AG, Credit Suisse Group AG and Morgan Stanley are also among banks that helped Goldman Sachs hedge against the risk of an AIG collapse, said the people, who declined to be identified because the contracts were private.
Citigroup said to have sold AIG protection to Goldman
Most Popular Articles
Latest Articles
The best real estate podcasts for agents and brokers in 2024
The best real estate podcasts to motivate, inspire, entertain and enlighten you this year.
-
Home sellers saw their profits shrink in the first quarter: Attom
-
If reelected, Trump could seek greater control over Federal Reserve
-
Acra CEO Keith Lind on staying the course amid choppy waters in non-QM
-
HUD walks back some proposed changes to HECM for Purchase program
-
Retirement confidence hasn’t fully recovered, but survey shows hope for future prospects