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HSBC's troubled North America division fell to a $15bn loss after barely scraping a profit in 2007 because of a $10.6bn goodwill write-down relating to the acquisition of Household, which it operates through the HFC and Beneficial brands.
Write-downs related to Libya played a role.
In addition, A.M.D. was forced to take a write-down related to the ATI acquisition.
Bank of America lost $231 million from loans and securities write-downs related to Enron in 2001.
The 2001 earnings had been hurt by write-downs related to the crisis in Argentina.
The results in last year's quarter included a $44 billion write-down related to America Online.
It took 150 billion yen in write-downs related to merchant banking and real estate assets.
The loss last year included a $44.3 million write-down related to the publishing division.
UBS is seeking to replenish capital after about $38 billion in write-downs related to the subprime crisis.
But markets began to fall as financial companies announced billions of dollars in write-downs related to mortgage-backed securities.
He, like many others, expects more write-downs related to complex debt securities like collateralized debt obligations.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com