Sub-Prime Hall of Shame
Saturday, March 15, 2008Here is the Sub-prime hall of shame. Bank followed by write-offs till date.
- Merrill Lynch $24.4 bln
- UBS $18.4 bln
- Citigroup $18.1 bln
- Carlyle Capital $16.6 bln - Debt Defaults
- Morgan Stanley $9.4 bln
- Bank of America $5.3 bln
- Capital One $4.9-5.5 bln Credit losses
- Soc Gen $4.2bn Sub Prime Asset Mgmt
- RBS $4.2 bn - Investment Banking
- Citigroup Consumer Loans $4.1 bn
- Barclays $3.1 bn
- Credit Suisse $2.85 bn - Asset backed investment
- HSBC $2.1 bn - Mortgages
- Bear Stearns $1.9 bn
- Wachovia $1.5 bn - Credit losses
- JP Morgan $1.3 bn
Recent Corporate Earnings / Breaking News
- Life Insurers Market Share
- Industrial output skids to 5.3%
- Gayatri Projects secures 242 crore order
- Gitanjali Gems acquires Trinity Watch Company
- Hedging Loss Haunts L&T
- Sabah Sarawak Project to Punj Lloyd
- Ambani's Reliance Energy Hammered on the Bourse
- 30% of BSE stocks hit lower circuit
- ICICI Bank Concealed Sub-Prime Facts ?
- SEBI Cracksdown on Insider Trading
