The country's six biggest lenders reported less than $ 20 - billion in debt - related
writedowns since the credit crisis began in 2007, about 2 % of the US$ 887.1 - billion recorded by banks and brokerages worldwide.
Not exact matches
After chopping spending by almost one - third to cope with a crash in oil prices and billions in
writedowns that sent profits to the weakest
since last decade, China's energy giants Continue Reading
Mr Irvine said Lion's purchase of the 10 per cent stake in WCB was a clear signal it remained committed to the dairy sector, this is despite National Foods costing billions of dollars in
writedowns to Lion
since it bought it.
RIM fell 9.7 percent on the day it announced the PlayBook
writedown, its biggest decline
since its previous quarterly sales miss in September.
Needless to say, the poor roll - out of the business, poor news flow, loan / Sukuk
writedowns and underlying operational losses
since 2008 have cratered the share price and valuation.
The price of metallurgical coal has fallen 75 percent
since the deal, and Peabody was forced to take a $ 700 million
writedown on its Australian metallurgical coal assets last year.