Goldman Sachs & Co, a unit of the most profitable bank in Wall Street history, took $15 billion from the US Federal Reserve on December 9, 2008, the biggest single loan from a lending programme whose details have been secret until today.
Goldman Sachs’s peak outstanding loans were the second-highest at $34.5 billion on December 31, 2008, when interest rates were at their lowest, according to the data. Michael DuVally, a spokesman for New York-based Goldman Sachs Group, the parent company of the primary dealer, declined to comment.
RBS Securities, a unit of Britain’s second-biggest bank by market capitalisation, had $31.5 billion in loans outstanding on October 8, 2008, and UBS Securities, part of Switzerland’s biggest bank, borrowed as much as $20.5 billion on November 26, 2008, the Federal Reserve said.