I've already posted twice an aggregated sum of writedowns caused by the sub-prime meltdown. It is time to see an updated version of losses for major financial institutions. This time I've added a column with the amount of raised capital and money infusions for the respective institutions.
Altogether financial losses account for $592 billion. Up to now, raised capital and money infusion are $443 billion. You can see that since last time, the total sum has been almost tripled.
|Bank of America||(BAC)||27.4||30.7|
|IKB Deutsche Industriebank||(OTC:IKBDF)||4.1||11.6|
|Royal Bank of Scotland||(RBS)||13.6||22.2|
Losses include subprime and mortgage writedowns, reserves for bad mortgages and loans, credit losses. Capital received includes preferred shares, bonds, convertible bonds, and direct stakes.