Wholesale Risk provides general oversight to the Wholesale Banking loan portfolio and offers line of business-specific guidance. The goal of Wholesale Risk is to protect Wells Fargo's credit, operational, reputational, market, and balance sheet risk.
Within Wholesale risk, a few groups are dedicated to the recovery of Wells Fargo's capital that is held by clients with a high risk of nonrepayment through early intervention and restructuring of distressed assets.
- Commercial Owned Real Estate oversees the acquisition, management, and disposition of commercial real estate acquired through foreclosure or deed in lieu of foreclosure.
- Credit Resolution Group seeks timely resolution of Commercial Banking, Corporate Banking, Capital Markets, Regional Banking, Auto Finance, and Private banking troubled assets and cash management products.
- Real Estate Managed Assets Group oversees the resolution of Wholesale Banking's problem commercial real estate loans which are typically secured by office, industrial, retail, hospitality, and special-use incoming-producing properties.