(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 some-more than $1 trillion on poisonous resources and from bad loans given the begin of 2007, and were approaching to tip $2.8 trillion from 2007-10 with rounded off two-thirds from loans and the residue on securities, according to International Monetary Fund forecasts.

Read some-more on Interactive Investor

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