But that switches to a decline of 8 percent if bank losses are included.

That study, however, makes several errors in calculating potential bank losses.

While bank losses mounted, earnings on the insurance side improved, Allianz said.

Still, the fact that the bank losses have taken so long to show up highlights the gamble individual investors take by investing in banks.

But most of these bank losses have for all practical purposes been incurred already.

But that does not make the general public liable for bank losses.

The Greek people (you know - human beings) are having bank losses foisted on them.

Economists put the Irish bank losses at about €106bn.

Still, the exact nature and extent of the financial misdeeds and bank losses have not been detailed.

Most bank losses come from people passing fradulent identification.