Writedown News: 22 Jul 2008

Below are the latest writedown stories from the web. For the full timeline of news, visit my credit crisis timeline.

Also see my list of Bankrupt Global Financial Institutions.

2008 07 15 Regional Banks Take It on the Chin As Fallout Spreads
2008 07 15 Washington Mutual Drop Wipes Out Most of TPG Holding
2008 07 15 U.S. Bancorp Profit Falls on Higher Credit Losses
2008 07 15 Scramble Led to Rescue Plan on Mortgages
2008 07 15 Meredith Whitney Cuts Wachovia on `Bleak’ Prospects
2008 07 15 First Horizon reports quarterly net loss
2008 07 16 Wells Fargo Profit Exceeds Estimates; Shares Jump
2008 07 16 Marshall & Ilsley posts second-quarter loss of $394 million
2008 07 16 Japan mortgage exposure seen over $95 billion
2008 07 17 J.P. Morgan Chase’s profit off 53%, tops target
2008 07 17 JPMorgan Profit Falls 53% Amid Higher Charges
2008 07 17 Huntington shares gain in wake of results
2008 07 17 Merrill reports $4.65 billion quarterly net loss
2008 07 17 Merrill Lynch hit by $9.4bn writedown
2008 07 18 Capital One Falls After Profit Misses Estimates on Defaults
2008 07 18 Citi Posts Smaller-Than-Estimated Loss on Writedown
2008 07 18 Barclays Investors Buy 19% of Shares on Sale in Offer
2008 07 18 B&B Shareholders Approve Rights Issue
2008 07 18 Barclays and HBOS cash calls shunned
2008 07 21 Earnings Fall 44% at Bank of America
2008 07 22 Wachovia Has Record $8.9 Billion Loss, Cuts Dividend
2008 07 22 KeyCorp Posts First Loss Since 2001 After Tax Case
2008 07 22 Fifth Third Reports $202 Million Loss on Higher Loan Defaults
2008 07 22 SunTrust Profit Declines as Borrowers Fall Behind
2008 07 22 Regions Cuts Dividend as Profit Falls on Missed Loans
2008 07 22 BankAtlantic Sues Analyst for Defamation
2008 07 22 Wachovia ends wholesale mortgages
2008 07 22 IKB in new sub-prime write downs
2008 07 22 American Express Declines as Earnings Fall Short of Estimates