Subprime loss: $70bn and counting....
| Bank | Loss |
| Citigroup: | $18.0 billion |
| UBS: | $13.5 billion |
| Morgan Stanley: | $9.4 billion |
| Merrill Lynch: | $8.0 billion |
| HSBC: | $3.4 billion |
| Bear Stearns: | $3.2 billion |
| Deutsche Bank: | $3.2 billion |
| Bank of America: | $3.0 billion |
| Barclays: | $2.6 billion |
| Royal Bank of Scotland: | $2.6 billion |
| IKB: | $2.6 billion |
| Freddie Mac: | $2.0 billion |
| Credit Suisse: | $1.0 billion |
| Wachovia: | $1.1 billion |
The list, complied by BBC from company reports and reported on its website, totals over $70 billion declared losses to date.
The list does not include the $2bn loss reported by SocGen, and smaller losses such as BNP Paribas, Bank of Tokyo-Mitsubishi UFJ and others many of whom are reporting $500 milllion or more losses.
According to a report on the BBC website, it is estimated that ultimately losses suffered by financial institutions could be between $220 billion and $450 billion as the $1 trillion in subprime mortage bonds is revalued.