By Yalman Onaran and Dave Pierson
Aug. 27 (Bloomberg) -- The following table shows the $506.1 billion in asset writedowns and credit losses at more than 100 of the world's biggest banks and securities firms as well as the $352.6 billion capital raised to cope with them.
Those with a star next to their name have figures that were updated since the table was last published. You can see quarterly breakdowns for each bank and different regions by typing WDCI.
Firm Writedown & Loss Capital Raised
Citigroup Inc. 55.1 49.1
Merrill Lynch & Co. 51.8 29.9
UBS AG 44.2 27.9
HSBC Holdings Plc 27.4 3.9
Wachovia Corporation 22.7 11.0
Bank of America Corp. 21.2 20.7
IKB Deutsche Industriebank AG 15.1 12.4
Washington Mutual Inc. 14.8 12.1
Morgan Stanley 14.4 5.6
Royal Bank of Scotland Group Plc 14.3 23.4
JPMorgan Chase & Co. 14.3 9.5
Deutsche Bank AG 10.6 3.2
Credit Suisse Group AG 10.4 2.7
Wells Fargo & Company 10.0 4.0
Barclays Plc 9.9 18.1
Lehman Brothers Holdings Inc. 8.2 13.9
Credit Agricole S.A. 7.8 8.7
Fortis 7.3 7.1
Canadian Imperial Bank of Commerce* 7.2 2.8
Bayerische Landesbank 7.1 0.0
HBOS Plc* 6.9 7.3
ING Groep N.V. 6.8 4.7
Societe Generale 6.7 9.6
Mizuho Financial Group Inc. 5.9 0.0
National City Corp. 5.4 8.9
Indymac Bancorp Inc 4.9 0.0
Lloyds TSB Group Plc 4.8 4.8
WestLB AG 4.7 7.3
Dresdner Bank AG 4.0 0.0
BNP Paribas 3.9 0.0
Landesbank Baden-Wurttemberg 3.8 0.0
Goldman Sachs Group Inc. 3.8 0.6
E*TRADE Financial Corp. 3.6 2.4
Rabobank* 3.6 0.0
Nomura Holdings Inc. 3.3 1.1
Natixis 3.2 6.6
Bear Stearns Companies Inc. 3.2 0.0
HSH Nordbank AG 2.7 1.9
Landesbank Sachsen AG 2.6 0.0
UniCredit SpA 2.5 0.0
Commerzbank AG 2.3 0.0
ABN AMRO Holding NV 2.3 0.0
Bank of China Ltd 2.0 0.0
DZ Bank AG 2.0 0.0
Fifth Third Bancorp 1.9 2.6
Bank Hapoalim B.M. 1.7 2.4
Royal Bank of Canada 1.6 0.0
Mitsubishi UFJ Financial Group 1.6 1.5
Marshall & Ilsley Corp. 1.4 0.0
Alliance & Leicester Plc 1.3 0.0
U.S. Bancorp 1.3 0.0
Dexia SA 1.2 0.0
Bank of Montreal* 1.2 0.0
KeyCorp 1.2 1.6
Groupe Caisse d'Epargne 1.2 0.0
Hypo Real Estate Holding AG 1.2 0.0
Sovereign Bancorp Inc. 1.0 1.9
Gulf International Bank 1.0 1.0
Sumitomo Mitsui Financial Group 0.9 4.8
Sumitomo Trust and Banking Co. 0.7 1.0
DBS Group Holdings Limited 0.2 1.1
Other European Banks 7.4 2.2
(not listed above)
Other Asian Banks* 5.6 9.0
(not listed above)
Other US Banks 2.9 1.9
(not listed above)
Other Canadian Banks* 1.0 0.0
(not listed above)
________ ________
TOTAL 506.1 352.6
All the charges stem from the collapse of the U.S. subprime- mortgage market and reflect credit losses or writedowns of mortgage assets that aren't subprime, as well as charges taken on leveraged-loan commitments since the beginning of 2007. They are net of financial hedges the firms used to mitigate losses and pre-tax figures unless the bank only provided after-tax numbers. Credit losses include the increase in the provisions for bad loans, impacted by the rising defaults in mortgage payments.
Capital raised includes common stock, preferred shares, subordinated debt and hybrid securities which count as Tier 1 or Tier 2 capital as well as equity stakes or subsidiaries sold for capital strengthening. Capital data begins with funds raised in July 2007.
All numbers are in billions of U.S. dollars, converted at today's exchange rate if reported in another currency. See WDCI Help pages for a list of the banks included in the Other European, Other U.S., Other Canada and Other Asia categories.
To contact the reporters on this story: Yalman Onaran in New York at yonaran@bloomberg.net; Dave Pierson at dpierson@bloomberg.net.
Last Updated: August 27, 2008 12:13 EDT
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