Wednesday, August 20, 2008

..But where are the Chinese banks?

Banks' Subprime Market-Related Losses, Capital Raised: Table

"The following table shows the $503.8 billion in asset writedowns and credit losses at more than 100 of the world's biggest banks and securities firms as well as the $352.5 billion capital raised to cope with them. Those with a star next to their name have figures that were updated since the table was last published. You can see quarterly breakdowns for each bank and different regions by typing WDCI".

Posted by alan @ 08:50 PM (675 views)
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2 thoughts on “..But where are the Chinese banks?

  • Whostolemyendowment says:

    Good point Mr a.

    If Japanese banks and such as HSBC with a far east presence are exposed, you can be damned sure that Chinese mainland banks had their hands in the same till when the draw snapped shut. BUT – in typical fashion they will hide the fact…not only to save face, but also the Chinese state that owns Chinese banks can shore up their finances behind the scenes…but will make the USA pay up one way or the other.

    http://www.gov.cn/misc/2005-12/29/content_141147.htm

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  • Bank of China is in there.

    If you mean japanese banks, they mostly stayed well away from CDOs. Goldman Sachs got off relatively unscathed probably because they bet on the market downturning quite heavily.

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