At least two dozen American and European banks benefited from the bailout of American International Group, with approximately $50 billion paid out to them since the Federal Reserve first gave aid to the insurance giant, the Wall Street Journal reported Saturday.
Goldman Sachs and Deutsche Bank received about $6 billion between September and December last year, the paper said, quoting a confidential document and people familiar with the matter.
Other banks that received large payouts from AIG late last year include Merill Lynch, which was bought by Bank of America , and France's Societe Generale, according to the report.
Morgan Stanley , Royal Bank of Scotland, HSBC, Calyon, Barclays, Rabobank, Danske Bank, Santander, Wachovia and Bank of America are also among the counterparties who benefited from the AIG bailout, the paper said.
Morgan Stanley and Goldman Sachs declined to comment when contacted by Reuters.
Bank of America, Calyon, and Wells Fargo, which has absorbed Wachovia, could not be reached for comment.
French banks Societe Generale and Calyon on Sunday declined to comment on the story, as did Deutsche Bank, Britain's Barclays and unlisted Dutch group Rabobank.
Separately, French newspaper Le Parisien newspaper on Sunday said that SocGen might have got $4.8 billion from the bailout and Calyon $1.8 billion.