According to the IMF, writedowns on UK bank assets are going to be $604bn, against $814bn for the eurozone and $1,025bn for the US. (Source: Martin Wolf, Financial Times)
Excluding losses in other parts of the world, this adds up to $2.443 TRILLION.
According to the IMF, writedowns on UK bank assets are going to be $604bn, against $814bn for the eurozone and $1,025bn for the US. (Source: Martin Wolf, Financial Times)
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