Sept. 14 (Bloomberg) -- U.K. banks are less than half way through posting 240 billion pounds ($398 billion) of losses on loans and securities, a reflection of the country’s economic weakness, according to Moody’s Investors Service Ltd.
British banks are likely to record losses of at least 130 billion pounds, in addition to 110 billion pounds lost since the beginning of the credit crisis in 2007, Moody’s said in a report today.
http://www.bloomberg.com/apps/news?pid=20601087&sid=afu5IWbkX1ZYWhere is the equivalent report for the US?
