(AFX UK Focus) 2010-02-04 11:50 FACTBOX-U.S., European bank writedowns, credit losses

(AFX UK Focus) 2010-02-04 11:50 FACTBOX-U.S., European bank writedowns, credit losses
Feb 4 (Reuters) – Top U.S. and European banks have lost more than $1 trillion on toxic assets and from bad loans since the start of 2007, and were expected to top $2.8 trillion from 2007-10 with roughly two-thirds from loans and the remainder on securities, according to International Monetary Fund forecasts.

Read more on Interactive Investor

Related posts:

1. (AFX UK Focus) 2010-02-25 12:25 FACTBOX-U.S., European bank writedowns, credit losses
2. (AFX UK Focus) 2010-03-01 15:35 Russia’s banks still face risk of crisis-c. bank report
3. (AFX UK Focus) 2010-01-31 09:45 UPDATE 1-UNB Q4 net rises, provisions weigh
4. (AFX UK Focus) 2010-01-31 10:22 CORRECTED-UPDATE 1-UNB Q4 net rises, provisions weigh
5. (AFX UK Focus) 2010-02-09 12:41 RPT-UPDATE 2-Arab Bank’s profit hit by bad debt provisions

Tagged as: 1150, 20100204, Afx Uk Focus, Assets, Bank, credit, Credit Losses, European, European Banks, FACTBOXU.S., Focus, Interactive Investor, International Monetary Fund, loans, Losses, Lost, Remainder, Reuters, Trillion, Two Thirds, writedowns