Wells Fargo led top US banks on CMBS risk in 2019

Commercial mortgage-backed securitisations are struggling amid Covid-19 crisis

Exposures to securitisations backed by commercial mortgages (CMBS) totalled almost $20 billion at Wells Fargo heading into 2020, the most of top US dealers.

The San Francisco-based lender disclosed exposure-at-default (EAD) linked to these assets of $19.7 billion in regulatory filings for end-2019, $12.5 billion of which was on-balance sheet. These commercial mortgage positions contributed $5.8 billion to the bank’s risk-weighted assets (RWAs).

It also reported CMBS exposures worth $609

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here