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European banks see $23 billion subprime hit - World business- msnbc.com
News Type: Event — Seeded on Tue Apr 1, 2008 9:35 AM EDT
Article Source: msnbc.comadvertisement
The losses reported by the banks are the latest indication of how far the severe plunge in U.S. housing prices and a credit crisis triggered by rising mortgage defaults has reached.
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 | UBS Will Write Down $19 Billion | Associated Press | Tue Apr 1 | 1 |
| Deutsche Bank Expects $4B Subprime Hit | Associated Press | Wed Mar 26 | 0 |
| UBS, Deutsche Bank Wallow in Write-Downs | Associated Press | Tue Apr 1 | 0 |
| AP Executive Morning Briefing | Associated Press | Fri Mar 28 | 0 |
 | BBC NEWS | Business | UBS doubles sub-prime writedowns | BBC News | Tue Apr 1 | 1 |
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