4 ms·
For the avoidance of doubt, they are not writing down $73 billions of assets, that would wipe out their whole capital base. They intend to sell or roll off $73
by cm2187 7y ago
For the avoidance of doubt, they are not writing down $73 billions of assets, that would wipe out their whole capital base. They intend to sell or roll off $73 billions worth of RWAs.