Getting off lightly



Barely a day goes by without yet another investment bank reporting a chunky write-down on the back of its exposures to US subprime mortgage loans. In research published in November, Deutsche Bank predicts that subprime losses could total $400 billion by the time the crisis has run its course, with an estimated $60 billion-70 billion of subprime write-downs by the end of 2007. Nordic banks, however, have got off fairly lightly. While several were active in the credit markets, either via

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here