Here is the Sub-prime hall of shame. Bank followed by write-offs till date.
- Merrill Lynch $24.4 bln
- UBS $18.4 bln
- Citigroup $18.1 bln
- Carlyle Capital $16.6 bln – Debt Defaults
- Morgan Stanley $9.4 bln
- Bank of America $5.3 bln
- Capital One $4.9-5.5 bln Credit losses
- Soc Gen $4.2bn Sub Prime Asset Mgmt
- RBS $4.2 bn – Investment Banking
- Citigroup Consumer Loans $4.1 bn
- Barclays $3.1 bn
- Credit Suisse $2.85 bn – Asset backed investment
- HSBC $2.1 bn – Mortgages
- Bear Stearns $1.9 bn
- Wachovia $1.5 bn – Credit losses
- JP Morgan $1.3 bn
More expected at the end of March quarter, 2008.