League Table Of Shame
August 12, 2008 Career Management TrackBack URL
With most banks reporting their half year results, Here Is The City have produced a league table of write downs. The following League Table Of Shame summarises the write downs per employee of more than 30 leading banks.
1. IKB – $14.73bn writedowns / credit losses, 10,315 employees, $1,428,017 per employee
2. Merrill Lynch – $46.8bn, 65,000, $720,000
3. Bayerische Landesbank – $6.75bn, 10,080, $669,642
4. WestLB – $3.1bn, 6,147, $504,311
5. UBS – $41.8bn, 87,000, $480,4606. Morgan Stanley – $11.7bn, 46,390, $252,209
7. Lehman Brothers – $7.03bn, 30,000, $243,333
8. Dresdner Bank – $5.0bn, 25,622, $195,144
9. LBBW – $1.7bn, 10,000, $170,000
10. Credit Suisse – $8.13bn, 49,000, $165,918
11. Goldman Sachs – $4.9bn, 30,000, $163,333
12. Citi – $57.5bn – 374,000, $153,743
13. AIG – $16.77bn – 116,000, $145,568
14. Deutsche Bank – $11.4bn, 80,253, $142,050
15. Nomura Holdings – $2.46bn, 18,026, $136,469
16. Mizuho Financial Group – $6.24bn, 48,758, $127,978
17. Wachovia – $11.58bn, 119,952, $96,538
18. Natixis – $2.0bn, 21,959, $91,078
19. Credit Agricole – $6.9bn (awaiting Q2 figures), 86,866, $79,432
20. Bank of America – $15.31bn, 209,000, $73,253
21. Royal Bank of Scotland – $16.5bn, 233,600, $70,634
22. Barclays Bank – $9.2bn, 146,600, $67,755
23. HSBC – $18.7bn, 320,000, $58,437
24. Fortis – $3.1bn, 62,524, $49,580
25. JPMorgan Chase / Bear Stearns – $8.7bn, $193,000, $45,077
26. Societe Generale – $6.4bn, 153,855, $41,597
27. Commerzbank – $1.24bn, 41,622, $29,791
28. Sumitomo – $1.19bn, 65,494, $18,170
29. BNP Paribas – $2.7bn, 162,687, $16,596
30. UniCredit – $2.7bn, 177,571, $15,205
31. Mitsubishi UFJ – $1.19bn, 78,300, $15,197
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September 9th, 2008 at 8:47 pm
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