StockWeb

Blogging about stocks and ETFs. World stock markets and emerging markets insight.

Subscribe to this blog

Total subprime writedowns and finacial losses.

Tags: Global markets, MER, LEHMQ, C, CS, DB, WFC, BAC, UBS, RBS, WM, MS, WB, IKBDF, JPM, HBC
13 Oct 3:02am
Read original blog entry
I've already posted two times aggregated sum of writedowns caused by subprime meltdown. It is time to see updated version of losses for major financial institutions. This time I've added column with amount of raised capital and money infusions to respective institution.

Altogether financial losses account for USD 592 bln. Up to now raised capital and money infusion are USD 443 bln. You can see that since last time total sum has been almost tripled.




ticker losses capital received




Citigroup (C)
61 71
Wachovia (WB) 52.7 11
Merrill Lynch (MER) 52.2 29.9
Washington Mutual (WM) 45.6 12.1
UBS (UBS) 44.2 27.3
HSBC (HBC) 27.4 5.1
Bank of America (BAC) 27.4 30.7
JPMorgan Chase (JPM) 18.8 19.7
Morgan Stanley (MS) 15.7 14.6
IKB Deutsche Industriebank (IKBDF) 4.1 11.6
Lehman Brothers (LEHMQ) 13.8 13.9
Royal Bank of Scotland (RBS) 13.6 22.2
Credit Suisse (CS) 10.1 3
Wells Fargo (WFC) 10 5.8
Deutsche Bank (DB) 9.9 6




TOTAL
592.9 443



*losses includes subprime and mortgage writedowns, reserves for bad mortgages and loans, credit losses.

*capital received includes preferred shares, bonds, convertible bonds, direct stakes.

Comments

Back to top

Post comment

Back to top

Post a comment

Please login to post a comment