BBC NEWS | Business | JPMorgan to acquire Bear Stearns

Following the news on Friday, the top 3 or four here must be of concern.
We will watch this week.

Subprime Losses, source BBC
Citigroup: $18bn

Merrill Lynch: $14.1bn

UBS: $13.5bn

Morgan Stanley $9.4bn

HSBC: $3.4bn

Bear Stearns: $3.2bn - Fold, into JP Morgan

Deutsche Bank: $3.2bn

Bank of America: $3bn

Barclays: $2.6bn

Royal Bank of Scotland: $2.6bn

Freddie Mac: $2bn

JP Morgan Chase: $3.2bn - Buy, Bear Stearns

Credit Suisse: $1bn

Wachovia: $1.1bn

IKB: $2.6bn

Paribas: $197m

BBC NEWS | Business | JPMorgan to acquire Bear Stearns: "JPMorgan Chase has said it is to buy Wall Street's fifth-largest investment bank Bear Stearns for $2 a share."

BBC NEWS | Business | Bear Stearns gets emergency funds: "US bank Bear Stearns has got emergency funding, in a move that raises fears that one of Wall Street's biggest names is on the verge of collapsing."