The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2020 Euromoney, a part of the Euromoney Institutional Investor PLC.

Equity markets round up: Time for regrets

Investors who supported those bank capital raisings may be regretting it already.

Key numbers from the market turmoil in January this year include 96.2%, the extent by which the market capitalization of RBS had shrunk between mid-year 2007 and January 20 2009, from $120 billion to $4.6 billion. Over the same period Citigroup’s market capitalization fell by 92.5% from $255 billion to $19 billion. Barclays’ market cap fell 91.9%. All that makes HSBC look quite robust for shedding just 54.9% of its market value ($215 billion to $97 billion) and JPMorgan a strong performer for shrinking its market value by just 48.5% (from $165 billion on the eve of the crisis to $85 billion). Santander is positively stellar, shrinking just 44.8%.

Take out a complimentary trial

Take out a 7 day trial to gain unlimited access to and analysis and receive expertly-curated updates direct to your inbox.


Already a user?

Login now


We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree