List of writedowns due to subprime crisis

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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 CIBC 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 LBBW bank $1.1 bln [40]
United States JPMorgan Chase 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 RBC bank $1.2 bln [53][54][55]
United States Fannie Mae mortgage GSE $0.896 bln [56]
United States MBIA 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 American International Group insurance $11.1 bln [69][70]
Germany BayernLB 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 HBOS bank $7.06 bln [82][83][84]
United Kingdom Lloyds TSB bank $1.32 bln [85]
China Bank of China bank $2.0 bln [24]
China ICBC bank $0.448 bln [86]

Other estimates[edit]

References[edit]

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  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. 
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  27. ^ Ellis, David (2007-12-20). "Bear Stearns takes $1.9B writedown in fourth quarter - Dec. 20, 2007". CNN. Retrieved 2008-02-24. 
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  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. 
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  52. ^ Wachovia Press Releases
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  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. 
  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. 
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  60. ^ "Ambac Tumbles on More Subprime Fallout". 2008. Retrieved 2008-02-24. 
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  75. ^ Germany's DZ Bank writes down nearly €1.4 billion in subprime-related investments - International Herald Tribune
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  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
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  81. ^ Monthly Average Graph (American Dollar, Euro) 2008
  82. ^ HBOS £4bn cash call turns up the heat - The Scotsman
  83. ^ Monthly Average Graph (American Dollar, British Pound) 2008
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  85. ^ Farrell, Sean (2008-05-07). "Lloyds in new £387m writedown". The Independent (London). Retrieved 2010-05-11. 
  86. ^ "Goldman ICBC Piece Rises Fivefold as Chinese Bank Claims No. 1". Bloomberg. 2008-06-25.