Thread regarding Wells Fargo & Co. layoffs

Wells fargo derivatives impact

This article explains why Wells Fargo put money into first republic...
While I don't yell at WF for doing something legal
The question is..
What and how fast can WF minimize its exposure to its derivatives and what would the impact of those decisions be?

I really would like a actual discussion on this so admin please don't delete

https://wallstreetonparade.com/2023/04/banks-that-put-up-30-billion-to-rescue-first-republic-may-have-been-trying-to-rescue-their-own-exposure-to-247-trillion-in-derivatives/

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FRC doesn’t deal in derivatives. Next.

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