When I was an analyst in an investment bank, I had to spend a disproportionate amount of time on whipping up the best looking league tables by tweaking various parameters and recording such tweaks in minuscule font. Here is one that no banker would touch with a 10-feet pole:
The worst is yet to come, my dear friends.
BRACE! BRACE!
- Citi - $32.1bn
- Merrill Lynch - $19.3bn
- UBS - $13.7bn
- Morgan Stanley - $10.6bn
- Credit Agricole (Calyon) - $3.7bn
- Barclays Bank - $3.3bn
- Deutsche Bank - $3.2bn
- Bank of America - $3bn
- JPMorgan - $3bn
- Bear Stearns - $2.8bn
- Royal Bank of Scotland - $2.5bn
- Credit Suisse - $2bn
- Goldman Sachs - $1.7bn
- Lehman Brothers - $1.5bn
- WestLB - $519m
The worst is yet to come, my dear friends.
BRACE! BRACE!
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