Main credit Crunch Losses

Main Credit Crunch Losses.
MAIN CREDIT CRUNCH LOSSES
UBS: $37.4bn
Merrill Lynch: $22bn
Citigroup: $21.1bn
HSBC: $17.2bn
Morgan Stanley: $9.4bn
Deutsche Bank: $7.1bn
Bank of America: $5.3bn
Bear Stearns: $3.2bn
JP Morgan Chase: $3.2bn
BayernLB $3.2bn
Barclays: $2.6bn
IKB: $2.6bn
Royal Bank of Scotland: $2.6bn
Credit Suisse:$2bn
Source: Company reports


UBS is a worldwide bank based in Switzerland. UBS losses of 37.4 billion dollars dwarf Citigroups 21.1 billion dollar loss. It is difficult to estimate the long and short term implications of these losses on all these institutions and their investors and savers worldwide, let alone the effects on smaller business and city and organizational portfolios worldwide.