ANALYSIS l Biggest bank losses outstrip actions of rogue traders

AIG
Amount Lost: $61.7bn
AIG posted the biggest quarterly loss in history in January 2009 on asset writedowns, having already taken $150bn in US aid.

UBS
Amount Lost: $12bn
UBS chairman Marcel Ospel stepped down after it posted the subprime-related loss in the first quarter of 2008.

CITIGROUP
Amount Lost: $10bn
Citi stunned markets with one of the first big losses of the crisis, at the end of 2007, after writing off billions in subprime exposure.

MERRILL LYNCH
Amount Lost $9.8bn
Merrill lost almost $10bn at the end of 2008 after writing off more than $16bn of subprime mortgages in the fourth quarter.

BANK OF AMERICA ML
Amount Lost $8.8bn
Merrill’s new owner fell to its biggest quarterly loss this July as it settled legal claims related to subprime mortgage securities.

CITIGROUP
Amount Lost $7.6bn
Citi features for a second time with a loss in the final quarter of 2009 as it wrote off more failed loans and repaid its US bailout.