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Write-downs on the value of loans, MBS and CDOs due to the subprime mortgage crisis.

Company Business Type Loss (Billion USD) References
Switzerland UBS bank $37.7 bln [1][2][3]
United States Citigroup bank $39.1 bln [4][5][6]
United States Merrill Lynch investment bank $29.1 bln [7][8][9]
United States Morgan Stanley investment bank $11.5 bln [10][11][12]
France Crédit Agricole bank $4.8 bln [13]
United Kingdom HSBC bank $20.4 bln [14][15][16]
United States Bank of America bank $7.95 bln [17][18][19]
Canada Canadian Imperial Bank of Commerce bank $3.2 bln [20]
Germany Deutsche Bank bank $7.7 bln [21][22][23][24]
Japan Mizuho Financial Group bank $5.5 bln [25]
United Kingdom Barclays bank $3.1 bln [26]
United States Bear Stearns investment bank $2.6 bln [27][28]
United Kingdom Royal Bank of Scotland bank $15.2 bln [29][30][31][32][33]
United States Washington Mutual savings and loan $2.4 bln [34][35]
Switzerland Swiss Re reinsurance $2.04 bln [36][37]
United States Lehman Brothers investment bank $3.93 bln [38][39]
Germany Landesbank Baden-Württemberg bank $1.1 bln [40]
United States JPMorgan bank $5.5 bln [11][41][42]
United States Goldman Sachs investment bank $1.5 bln [10][43]
United States Freddie Mac mortgage GSE $4.3 bln [44]
Switzerland Credit Suisse bank $9.0 bln [45][46]
United States Wells Fargo bank $2.9 bln [47][48]
United States Wachovia bank $11.1 bln [49][50][51][52]
Canada Royal Bank of Canada bank $1.2 bln [53][54][55]
United States Fannie Mae mortgage GSE $0.896 bln [56]
United States Municipal Bond Insurance Association bond insurance $3.3 bln [57]
Germany Hypo Real Estate bank $0.580 bln [58]
United States Ambac Financial Group bond insurance $3.5 bln [59][60][61]
Germany Commerzbank bank $1.1 bln [62]
France Société Générale bank $3.0 bln [63][64]
France BNP Paribas bank $0.870 bln [65][66]
Germany WestLB bank $2.74 bln [67][68]
United States AIG insurance $11.1 bln [69][70]
Germany Landesbank Bayern bank $6.7 bln [71]
France Natixis bank $1.75 bln [72]
United States Countrywide Financial mortgage bank $4.0 bln [73][74]
Germany DZ Bank bank $2.1 bln [75]
Belgium Fortis bank $2.3 bln [76]
India ICICI Bank bank $0.264 bln [77]
Germany IKB Deutsche Industriebank bank $3.45 bln [78]
Japan Aozora Bank bank $0.397 bln [79]
Germany Dresdner Bank bank $3.49 bln [80][81]
United Kingdom Lloyds Banking Group bank $8.38 bln [82]
China Bank of China bank $2.0 bln [24]
China Industrial and Commercial Bank of China bank $0.448 bln [83]


References[edit]

  1. ^ "UBS Writes Down $14 Billion - Financials * Europe * News * Story - MSNBC.com". 2008. Retrieved 2008-02-24. 
  2. ^ Elena Logutenkova; Elizabeth Hester (2008-01-30). "UBS Reports Record Loss After $14 Billion Writedown (Update7)". Bloomberg.com (New York City, United States: Bloomberg LP). Retrieved 2008-02-24. 
  3. ^ Elena Logutenkova (2008-04-01). "UBS Says Ospel Resigns After Writedowns Lead to Loss (Update7)". Bloomberg.com (New York City, United States: Bloomberg LP). Retrieved 2008-04-01. 
  4. ^ "Financial News and Information from Financial News Online US". 2008. Retrieved 2008-02-24. 
  5. ^ "The article you've requested is no longer available.". 2008. Retrieved 2008-02-24. [dead link]
  6. ^ Fiona Walsh (2008-04-18). "Citigroup to shed 9,000 jobs after posting $5.1bn loss". guardian.co.uk (Manchester, United Kingdom: Guardian Media Group). Retrieved 2008-05-17. 
  7. ^ Bradley Keoun (2007-10-25). ""Startling" $8 billion loss for Merrill Lynch". The Seattle Times (Frank A. Blethen). Retrieved 2008-02-24. 
  8. ^ McLaughlin, Tim (2008-01-17). "CORRECTED - UPDATE 2-Merrill Lynch takes about $16 bln in write-downs". Reuters. Retrieved 2008-02-24. 
  9. ^ Craig, Susanne (2008-04-18). "Great Expectations for Merrill CEO". The Wall Street Journal. 
  10. ^ a b Ellis, David (2007-12-19). "More woes for Morgan Stanley - Dec. 19, 2007". CNN. Retrieved 2008-02-24.  Check date values in: |year= / |date= mismatch (help)
  11. ^ a b "Goldman CEO sees no big write-down as firm shorts mortgages - MarketWatch". 2008. Retrieved 2008-02-24. 
  12. ^ Ellis, David (2008-03-19). "Morgan Stanley: Profit down, shares up". CNN. Retrieved 2010-05-11. 
  13. ^ "Bloomberg.com: Worldwide". 2008. Retrieved 2008-02-24. 
  14. ^ "HSBC in $17bn credit crisis loss". BBC News. 2008-03-03. Retrieved 2010-05-11. 
  15. ^ HSBC in $17 billion write-down
  16. ^ RTTNews - Financial News Analysis, Coverage Reiterated, Sector/Indices Articles, Stock Market News, Broker Ratings
  17. ^ Creswell, Julie (2008-01-23). "Bank of America Joins Parade of Mortgage-Related Losses". The New York Times. Retrieved 2010-05-11. 
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  20. ^ "Bloomberg.com: Canada". 2008-01-15. Retrieved 2008-02-24. 
  21. ^ Brodie, Sophie (2007-10-04). "Meltdown costs Deutsche Bank €2.2bn". The Daily Telegraph (London). Retrieved 2008-02-24.  Check date values in: |year= / |date= mismatch (help)
  22. ^ Landler, Mark (2007-10-03). "Deutsche Bank Writes Down $3.1 Billion - New York Times". The New York Times. Retrieved 2008-02-24.  Check date values in: |year= / |date= mismatch (help)
  23. ^ Landler, Mark (2008-04-30). "Deutsche Bank Posts Quarterly Loss, Evidence of the Reach of the Financial Crisis". The New York Times. Retrieved 2010-05-11. 
  24. ^ a b "Subprime Losses Top $379 Billion on Balance-Sheet Marks: Table". Bloomberg. 2008-05-19. 
  25. ^ "Mizuho stung by $5.5 billion in subprime pain". 2008. Retrieved 2008-04-20. 
  26. ^ "Barclays, Credit Suisse report trouble from credit market - USATODAY.com". USA Today. 2008-02-19. Retrieved 2008-02-24. 
  27. ^ Ellis, David (2007-12-20). "Bear Stearns takes $1.9B writedown in fourth quarter - Dec. 20, 2007". CNN. Retrieved 2008-02-24.  Check date values in: |year= / |date= mismatch (help)
  28. ^ THOMAS Jr, LANDON (2007-11-14). "Bear Stearns Takes a $1.2 Billion Write-Down - New York Times". The New York Times. Retrieved 2008-02-24.  Check date values in: |year= / |date= mismatch (help)
  29. ^ "A Smaller Write-Down at Royal Bank - New York Times". The New York Times. 2007-12-07. Retrieved 2008-02-24.  Check date values in: |year= / |date= mismatch (help)
  30. ^ Blog Archive » Adding up is hard to do with RBS from FT Alphaville
  31. ^ "RBS May Cut 7,000 Investment Banking Jobs, People Say (Update2)". Bloomberg. 2008-04-28. 
  32. ^ Huge RBS markdown shows crunch may be long way from over - Financial Week
  33. ^ RBS job cuts: Bank admits staff losses are 'inevitable' - Scotsman.com Business
  34. ^ "Bloomberg.com: Worldwide". 2008. Retrieved 2008-02-24. 
  35. ^ "Washington Mutual 3Q Earnings to Tumble - washingtonpost.com". The Washington Post. 2007-10-06. Retrieved 2008-02-24.  Check date values in: |year= / |date= mismatch (help)
  36. ^ "Swiss Re hit by $1 bln credit market insurance loss". Reuters. 2007-11-19. Retrieved 2008-02-24.  Check date values in: |year= / |date= mismatch (help)
  37. ^ "Swiss Re First-Quarter Profit Falls on Writedown (Update6)". Bloomberg. 2008-05-06. 
  38. ^ "My Stocks & Funds". CNN. Retrieved 2010-05-11. [dead link]
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  40. ^ "FT.com / Companies / Financial services - LBBW faces €800m writedown". 2008. Retrieved 2008-02-24. 
  41. ^ Ellis, David (2008-01-16). "JPMorgan Chase profit falls 34 percent - Jan. 16, 2008". CNN. Retrieved 2008-02-24. 
  42. ^ "J.P. Morgan Hit Hard by Credit Crisis". The Washington Post. 2008-04-17. Retrieved 2010-05-11. 
  43. ^ "Bear takes $700 mln in write-downs on mortgages, loan commitments - MarketWatch". 2008. Retrieved 2008-02-24. 
  44. ^ "The Fortune 500's biggest losers". CNN. 2008-04-24. Retrieved 2010-05-11. 
  45. ^ Jolly, David (2008-02-20). "New $2.8 Billion Write-Down Jolts Credit Suisse - New York Times". The New York Times. Retrieved 2008-02-24. 
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  47. ^ Kung, Michelle (2008). "Wells Fargo No Longer Unscathed, Notes $1.4 Billion Loss - Business on The Huffington Post". Retrieved 2008-02-24. 
  48. ^ The FINANCIAL, News That Makes Money, Business News & Multimedia - Wells Fargo Earns $2 Billion, $0.60 EPS
  49. ^ "Wachovia faces heat, may write down over .5 bn in Q4- International Business-News-The Economic Times". The Times Of India. [dead link]
  50. ^ Ackerman, Ruthie (2008-01-22). "Bank of America, Wachovia Crushed - Forbes.com". Forbes. 
  51. ^ "Wachovia to cut jobs after losses". BBC News. 2008-04-14. Retrieved 2010-05-11. 
  52. ^ Wachovia Press Releases
  53. ^ "Royal Bank hit by subprime loss". The Star (Toronto). 2007-11-13. Retrieved 2008-02-24.  Check date values in: |year= / |date= mismatch (help)
  54. ^ "Bloomberg.com: Canada". 2008. Retrieved 2008-02-24. 
  55. ^ "Write-Down at Royal Bank of Canada". The New York Times. 2008-05-15. Retrieved 2010-05-11. 
  56. ^ Eavis, Peter (2007-12-04). "Fannie Mae may face more losses on the bonds it holds - Dec. 4, 2007". CNN. Retrieved 2008-02-24.  Check date values in: |year= / |date= mismatch (help)
  57. ^ Schaefer, Steve (2008-01-09). "Market Mixed On MBIA, Countrywide - Forbes.com". Retrieved 2008-02-24. 
  58. ^ "German bank hit by sub-prime woes". BBC News. 2008-01-15. Retrieved 2008-02-24. 
  59. ^ "Bloomberg.com: Exclusive". 2008-01-17. Retrieved 2008-02-24. 
  60. ^ "Ambac Tumbles on More Subprime Fallout". 2008. Retrieved 2008-02-24. 
  61. ^ Ablan, Jennifer (2008-01-16). "CREDIT WRAPUP 3-US subprime losses grow, top Japan bank hit too". Reuters. Retrieved 2008-02-24. 
  62. ^ "Writedown clouds Commerzbank gain". BBC News. 2008-02-14. Retrieved 2008-02-24. 
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  66. ^ Parasie, Nicolas (2008-01-30). "Free Preview - WSJ.com". The Wall Street Journal. Retrieved 2008-02-24. 
  67. ^ "WestLB Posts 1.6 Billion-Euro Loss on Writedowns". Bloomberg. 2008-04-02. Retrieved 2008-04-03. 
  68. ^ Monthly Average Graph (American Dollar, Euro) 2007
  69. ^ Forbes
  70. ^ CNN
  71. ^ "Bloomberg.com: Germany". 2008. Retrieved 2008-04-03. 
  72. ^ "French bank reveals bad debt loss". BBC News. 2008-02-15. Retrieved 2008-02-24. 
  73. ^ "FACTBOX-Subprime crisis affects banks worldwide". Reuters. 2008-02-17. Retrieved 2008-02-24. 
  74. ^ "$3B in write-downs send Countrywide to $893M loss". USA Today. 2008-04-29. Retrieved 2010-05-11. 
  75. ^ Germany's DZ Bank writes down nearly €1.4 billion in subprime-related investments - International Herald Tribune
  76. ^ "Fortis Quarterly Profit Falls on Subprime Writedowns (Update4)". Bloomberg. 2008-03-07. 
  77. ^ Govardhana, Rangan (2008-03-04). "ICICI Bank's Marked-to-Market Loss $264.34 Million". Bloomberg. 
  78. ^ AFP: More bad news at German subprime casualty IKB
  79. ^ Aozora Bank Cuts Earnings Estimates on Subprime Mess
  80. ^ Hasell, Nick (2008-04-29). "Deutsche loses as Dresdner imperils Allianz". The Times (London). Retrieved 2010-05-11. 
  81. ^ Monthly Average Graph (American Dollar, Euro) 2008
  82. ^ Farrell, Sean (2008-05-07). "Lloyds in new £387m writedown". The Independent (London). Retrieved 2010-05-11. 
  83. ^ "Goldman ICBC Piece Rises Fivefold as Chinese Bank Claims No. 1". Bloomberg. 2008-06-25. 
Background / timeline
Causes
Impacts
Responses
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source: https://web.archive.org/web/20151129004315/https://en.wikipedia.org/wiki/List_of_writedowns_due_to_subprime_crisis

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