The Asset Write-down League Table - The 'Top' 15
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Here's one league table WestLB will be happy to be bottom of - the Top 15 firms in terms of published 2007 write-downs (note that this might not end up being the final table as several firms haven't reported their full 2007 earnings yet).
1. Citi - $32.1bn
2. Merrill Lynch - $19.3bn
3. UBS - $13.7bn
4. Morgan Stanley - $10.6bn
5. Credit Agricole (Calyon) - $3.7bn
6. Barclays Bank - $3.3bn
7. Deutsche Bank - $3.2bn
8. Bank of America - $3bn
9. JPMorgan - $3bn
10. Bear Stearns - $2.8bn
11. Royal Bank of Scotland - $2.5bn
12. Credit Suisse - $2bn
13. Goldman Sachs - $1.7bn
14. Lehman Brothers - $1.5bn
15. WestLB - $519m
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