in 2008 we bailed out the following foreign banks-
UBS, Switzerland’s largest bank, was the biggest borrower from the Commercial Paper Funding Facility, tapping the program 11 times for $74.5 billion.
Six European banks were among the top 11 companies that saccumulated the most debt overall — a combined $274.1 billion .
Dexia tapped the US government for $53.5 billion. Other European users included Barclays Plc in London at $38.8 billion; Royal Bank of Scotland Group Plc at $38.5 billion; and Paris-based Natixis at $27 billion.
The Fed listed borrowing for Paris-based BNP Paribas at $41.8 billion.
Commerzbank of Germany borrowed $350 million at the Fed’s discount window.
Silicon Valley Bank had branches in Canada, Israel, Sweden, Denmark, Germany and India. I think most closed.