Wednesday, 14 November 2007

Anyone keeping score?

Here are just a few of the recent sub-prime losses recorded by major banks in recent weeks:

  • Citigroup: $11bn
  • Merrill Lynch: $8bn
  • Morgan Stanley: $3.7bn
  • Bear Stearns: $3.2bn
  • UBS: $3.4bn
  • Deutsche Bank: $3.2bn
  • Credit Suisse: $1bn
  • Wachovia: $1.1bn
  • IKB: $1bn:
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