Banks Hurting

Bloomberg's list of banks who have written down assets through Q4 of 2007 and Q1 of 2008:

1. Merrill Lynch - $24.5bn in write downs and credit losses

2. Citi - $22.4bn

3. UBS - $18.1bn

4. HSBC - $17.2bn

5. Morgan Stanley - $9.4bn

6. IKB - $8.7bn

7. Bank of America - $7.9bn

8. Credit Agricole - $5.1bn

9. Credit Suisse - $4.8bn

10. Wachovia - $4.7bn

11. CIBC - $4.2bn

12. SocGen - $3.7bn

13. Barclays - $3.2bn

14. Mizuho Financial - $3.3bn

15. JPMorgan Chase - $3.2bn

16. Royal Bank of Scotland - $3.1bn

17. Bayerische Landesbank - $2.9bn

18. Dresdner - $2.7bn

19. Bear Stearns - $2.6bn

20. Deutsche Bank - $2.4bn

21. Natixis - $1.8bn

22. Fortis - $1.8bn

23. Lehman Brothers - $1.5bn

24. DZ Bank - $1.5bn

25. BNP Paribas - $1.2bn

26. Nomura Holdings - $1bn

- Richard

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Permanent Link: List of Banks With Write Downs

Related Terms: Asset Write Downs by Banks, Banks Hurting, Banks During Recession, Banking Credit Write Downs