ING, Rabobank benefit from AIG payout
Dutch financial services groups ING and Rabobank have both benefited from the US government’s bail-out of AIG, according to documents released by the insurance giant.
The list of payments shows that ING has received $1.5bn and Rabobank $800m.
AIG was under pressure to reveal how it has spent billions of tax-payers’ dollars since its September bail-out. Of the total funds recieved by AIG, $105bn has gone to US states and banks including Goldman Sachs, Societe Generale and Deutsche Bank.
For more on the European pay-outs, click here
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