FACTBOX: Write-downs and losses at major global banks
NEW YORK (Reuters) - The following is a list of banks' write-downs of subprime mortgage loans, leveraged loan commitments, and other assets since September.
To date, major banks have announced more than $50 billion of write-downs and losses. Date Bank Write-down Type of loss Period covered December 20 Bear Stearns BSC.N $1.9 bln subprime mortgages Q4 December 19 Morgan Stanley (MS.N) $9.4 bln mortgages and assets Q4 December 13 Lehman Brothers LEH.N $830 mln real estate, asset-backed securities Q4 December 12 Bank of America (BAC.N) $3.3 bln collateralized debt obligations Q4 December 12 Wachovia WB.N $1 bln subprime mortgages Q4 December 10 UBS AG (UBSN.VX) $10 bln subprime mortgages Q4 December 6 Royal Bank Scotland (RBS.L) $2.5 bln investment banking 2007* November 15 Barclays (BARC.L) $2.6 bln subprime mortgages 2007 November 13 Scotiabank (BNS.TO) C$135 mln asset-backed commercial paper Q4
($141 mln) structured credit November 13 Royal Bank of Canada (RY.TO) C$160 mln subprime mortgages Q4
($168 mln) November 6 Capital One (COF.N) $4.9-5.5 bln credit losses 2008 November 4 Citigroup (C.N) $8-11 bln subprime mortgages Oct 2007
* forecast
(Reporting by Ed Leefeldt, editing by Phil Berlowitz)
