US Bank Derivative Exposure
The short answer: Alot.
The longer answer depends upon the bank's derivative exposure. Chris includes this handy chart to help you figure out just what that cap need might be:
Sources: FDIC/IRA Bank Monitor; Q1 2008 data shown in “bank only” rollup.
WTF? $90 Trillion dollars derivative exposure for JPMorgan ? No wonder the Fed "rescue" of Bear Stearns was via JPM -- it was their own derivative exposure that was at risk.
Memo to the President-Elect; How Much Capital Does a Bank Need?
Institutional Risk Analyst, August 21, 2008
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Posted by: JS | Aug 21, 2008 2:39:17 PM
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