Gold Surges To 4-Month Highs, page-305

I understand Deutsche are in a far stronger position in derivatives and have 2/3 exposure than do JP Morgan, Goldman Sachs, Morgan Stanley, Citi and Bank of America. These 5 US megabanks have about most of the world's bank derivative exposure, or from US$60 trillion to $100 trillion each. Most were in interest rates, and one would hope they've got all the black swans covered, or they're toast