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Top Financial Companies Reported Losses from Subprime Mortgage Crisis |
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Top 10 Reported Losses from Financial Companies as a Result of Subprime Mortgage Crisis for the period Feb' 07 - Apr' 08 |
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COMPANY NAME |
LOSSES REPORTED (In Billion $) |
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Citigroup |
40.7 |
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UBS |
38 |
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Merrill Lynch |
31.7 |
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HSBC |
15.6 |
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Bank of America |
14.9 |
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Morgan Stanley |
12.6 |
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Royal Bank of Scotland |
12 |
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JP Morgan Chase |
9.7 |
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Washington Mutual |
8.3 |
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Deutsche Bank |
7.5 |
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Wachovia |
7.3 |
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Credit Agricole |
6.6 |
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Top 15 Reported Losses from Financial Companies as a Result of Subprime Mortgage Crisis for the Fourth Quarter of 2007 (Oct - Dec ' 07) |
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COMPANY NAME |
LOSSES |
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Citigroup |
$18.0 billion |
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UBS |
$13.5 billion |
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Merrill Lynch |
$8.6 billion |
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Morgan Stanley |
$3.7 billion |
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HSBC |
$3.4 billion |
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Bear Stearns |
$3.2 billion |
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Deutsche Bank |
$3.2 billion |
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Bank of America |
$3.0 billion |
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Barclays |
$2.6 billion |
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Royal Bank of Scotland |
$2.6 billion |
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Societe Generale |
$2.0 billion |
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Freddie Mac |
$2.0 billion |
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Wachovia |
$1.1 billion |
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IKB |
$1.0 billion |
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Credit Suisse |
$1.0 billion |
Source : Company reports, Bloomberg, BBC reports & Rediff Money  | |
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