Subprime Writedowns and Losses for Major Financials

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 |  Includes: BAC, C, CS, DB, HSBC, IKBDF, JPM, LEHMQ, MER, MS, RBS, UBS, WFC, WMIH
by: Vlada Kynsky

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.
 

  Ticker Losses Capital Received
       
Citigroup (NYSE:C) 61 71
Wachovia (NASDAQ:WB) 52.7 11
Merrill Lynch (MER) 52.2 29.9
Washington Mutual (NYSE:WM) 45.6 12.1
UBS (NYSE:UBS) 44.2 27.3
HSBC (HBC) 27.4 5.1
Bank of America (NYSE:BAC) 27.4 30.7
JPMorgan Chase (NYSE:JPM) 18.8 19.7
Morgan Stanley (NYSE:MS) 15.7 14.6
IKB Deutsche Industriebank (OTC:IKBDF) 4.1 11.6
Lehman Brothers (OTC:LEHMQ) 13.8 13.9
Royal Bank of Scotland (NYSE:RBS) 13.6 22.2
Credit Suisse (NYSE:CS) 10.1 3
Wells Fargo (NYSE:WFC) 10 5.8
Deutsche Bank (NYSE:DB) 9.9 6
       
TOTAL   592.9 443
Click to enlarge


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.