On this post I received comment from Cyrille from UK. He informed us about updated losses. Have a look to the progress within 2 months, total losses have deepened from 146 billion USD to 231 billion USD.
Data source: Bloomberg.
Company Writedown Credit l. Total
UBS (UBS) 38 38
Merrill Lynch (MER) 25.1 25.1
Citigroup (C) 21.4 2.5 23.9
HSBC (HBC) 3 9.4 12.4
Morgan Stanley (MS) 11.7 11.7
IKB Deutsche 9 9
Bank of America (BAC 7.3 0.9 8.2
Deutsche Bank (DB) 7.4 7.4
Credit Agricole (CRARF) 6.5 6.5
Credit Suisse (CS) 6.3 6.3
Washington Mutual (WM) 0.3 5.5 5.8
JPMorgan Chase (JPM) 2.9 2.1 5
Wachovia (WB) 2.9 2 4.9
Canadian Imperial (CIBC) 4 4
Societe Generale (SCGLY) 3.8 3.8
Mizuho Financial (MFG) 3.4 3.4
Lehman Brothers (LEH) 3.3 3.3
Barclays (BCS) 3.2 3.2
R. Bank of Scotland (RBS) 3.1 3.1
Goldman Sachs (GS) 3 3
Dresdner 2.7 2.7
Bear Stearns (BSC) 2.6 2.6
ABN Amro (ABN) 2.4 2.4
Fortis (FORSY) 2.3 2.3
Natixis (NTXFF) 1.9 1.9
HSH Nordbank 1.7 1.7
Wells Fargo (WFC) 0.3 1.4 1.7
BNP Paribas (BNP) 1.3 0.3 1.6
DZ Bank 1.5 1.5
National City (NCC) 0.4 1 1.4
Bank of China (BACHF) 1.3 1.3
Bayerische Landesbank 1.3 1.3
Caisse d'Epargne 1.3 1.3
LB Baden-Wuerttemberg 1.3 1.3
Nomura Holdings (NMR) 1 1
Sumitomo Mitsui 1 1
Gulf International 1 1
other European banks 8.4 8.4
other Asian banks 4 0.7 4.7
other Canadian banks 2.4 0.1 2.5
____ _____ _____
TOTALS* 206 25.8 231.8
Posts
$12 bln USD more losses for Citigroup announced last week. Which makes total $32 bln writedowns. Second worst after UBS.
Does anyone have an update for this number since the new round of writedowns??