by Calculated Risk on 4/02/2008 12:17:00 PM
Wednesday, April 02, 2008
Table: Banks Raise $136 Billion of Capital
Yesterday Bloomberg provided a table of the $232 billion in credit losses and write-downs taken so far by the world's biggest banks and securities firms.
Today Bloomberg has published a table of the capital raised by those banks: Banks Get $136 Billion From Governments, Private Sources: Table (hat tip Brian)
The following table shows banks and securities firms that have sold stakes or announced plans to do so, raising $136 billion of capital amid losses on subprime- related securities.See article for table. Citigroup leads the list with $30.4 billion in new capital, followed by UBS at $27.7 billion.
The financial institutions have turned to their own governments, sovereign wealth funds of other countries' governments and public investors.