Reuters: Subprime Loss Since 3QFY07 (30 July 2008)

Reuters: Subprime Loss Since 3QFY07 (30 July 2008)

July 30 (Reuters) - British bank Lloyds TSB (LLOY.L: Quote, Profile, Research, Stock Buzz)reported a 70 percent drop in first-half profits following a 585 million pound ($1.2 billion) hit from its exposure to risky assets and warned that bad debts on mortgages are rising as house prices fall.

Below is a breakdown of an estimated $341 billion of credit-related writedowns and losses recorded by major institutions since the credit crunch hit in the third quarter of 2007.

FIRM AMOUNT............................................................................. (Billion Dollars)

Citigroup (C.N: Quote, Profile, Research, Stock Buzz)................ 46.40
UBS (UBSN.VX: Quote, Profile, Research, Stock Buzz)....................... 36.70
Merrill Lynch (MER.N: Quote, Profile, Research, Stock Buzz)................ 36.8
AIG (AIG.N: Quote, Profile, Research, Stock Buzz)....................... 20.23
HSBC (HSBA.L: Quote, Profile, Research, Stock Buzz)....................... 18.70
RBS (RBS.L: Quote, Profile, Research, Stock Buzz)....................... 16.50
IKB (IKBG.DE: Quote, Profile, Research, Stock Buzz)....................... 14.73
Bank of America (BAC.N: Quote, Profile, Research, Stock Buzz)............... 14.60
Morgan Stanley (MS.N: Quote, Profile, Research, Stock Buzz).................. 11.70
Ambac (ABK.N: Quote, Profile, Research, Stock Buzz)..................... 9.22
Credit Suisse (CSGN.VX: Quote, Profile, Research, Stock Buzz)............. 9.17
Wachovia (WB.N: Quote, Profile, Research, Stock Buzz)..................... 8.90
MBIA Inc (MBI.N: Quote, Profile, Research, Stock Buzz)....................... 8.41
Washington Mutual (WM.N: Quote, Profile, Research, Stock Buzz).......... 8.10
Deutsche Bank (DBKGn.DE: Quote, Profile, Research, Stock Buzz)............ 7.35
HBOS (HBOS.L: Quote, Profile, Research, Stock Buzz)....................... 6.90
Bayerische Landesbank..................................................................... 6.75
Societe Generale(SOGN.PA: Quote, Profile, Research, Stock Buzz).......... 6.40
Mizuho Financial Group (8411.T: Quote, Profile, Research, Stock Buzz).. 6.24
JPMorgan (JPM.N: Quote, Profile, Research, Stock Buzz)....................... 6.05
Barclays (BARC.L: Quote, Profile, Research, Stock Buzz)....................... 5.20
Dresdner Bank (ALVG.DE: Quote, Profile, Research, Stock Buzz)........... 3.45
Bear Stearns........................................................................................... 3.40
Fortis (FOR.BR: Quote, Profile, Research, Stock Buzz)...................... 3.10
WestLB WDLGgb.F................................................................................ 3.10
BNP Paribas (BNPP.PA: Quote, Profile, Research, Stock Buzz).............. 2.70
UniCredit (CRDI.MI: Quote, Profile, Research, Stock Buzz).................... 2.70
Lloyds TSB (LLOY.L: Quote, Profile, Research, Stock Buzz)....................... 2.6
Nomura Holdings (8604.T: Quote, Profile, Research, Stock Buzz)............ 2.46
DZ Bank (DGBGg.F: Quote, Profile, Research, Stock Buzz)....................... 2.00
Natixis (CNAT.PA: Quote, Profile, Research, Stock Buzz)....................... 2.00
Swiss Re (RUKN.VX: Quote, Profile, Research, Stock Buzz)..................... 1.85
HSH Nordbank [HSH.UL].................................................................... 1.70
LBBW............................................................................................ 1.70
Commerzbank (CBKG.DE: Quote, Profile, Research, Stock Buzz).......... 1.24
Mitsubishi UFJ (8306.T: Quote, Profile, Research, Stock Buzz)............. 1.19
Sumitomo (8316.T: Quote, Profile, Research, Stock Buzz)................... 1.19

Grand Total ........................................................................... 341.23

* Estimates based on writedowns, loss provisions and trading losses from subprime securities, mortgages, CDOs, derivatives, and SIVs. Sources: Reuters, company filings
(Reporting by Jonathan Stempel, Dan Wilchins, Steven Bertoni, Steve Slater, John O'Donnell and Lilla Zuill. Additional writing by Carl Bagh; editing by Elaine Hardcastle)