It just keeps getting better. Here, courtesy of the BBC’s online report dated 1 April 2008, is the updated list of the sub-prime losers. All figures are in US Dollars. See the up and coming post entitled Double Or Nothing for what SAW has to say about UBS.
- Merrill Lynch: $22bn
- Citigroup: $21.1bn
- HSBC: $17.2bn
- Morgan Stanley: $9.4bn
- Deutsche Bank: $7.1bn
- Bank of
- Bear Stearns: $3.2bn
- JP Morgan Chase: $3.2bn
- BayernLB $3.2bn
- Barclays: $2.6bn
- IKB: $2.6bn
- Royal Bank of
- Credit Suisse:$2bn
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