At Wells Fargo, derivatives exposures climb $13bn in Q3
Portfolio shifted further into-the-money in the third quarter
Wells Fargo’s derivatives exposures leapt 17% in the third quarter, far more than at any other US global systemically important bank (G-Sib).
The San Francisco-based lender reported $93.7 billion of derivatives exposures in its latest quarterly supplementary leverage ratio (SLR) disclosure, up from $80.2 billion in Q2. It's the most exposures the bank has reported since public disclosure began in Q4 2016.
Of the four components that make up its derivatives exposures, the add-on for potential
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