FSB unveils latest G-Sib list
The Financial Stability Board published its 2017 list of global systemically important banks (G-Sibs) today (November 21).
Though the overall number of G-Sibs is unchanged, Royal Bank of Canada joined the list in the lowest ‘bucket’, which carries a 1% capital surcharge, and Groupe BPCE came off the list. Bank of China and China Construction Bank moved to a higher bucket, while BNP Paribas, Citigroup and Credit Suisse moved to a lower one.
The highest bucket, which carries a 3.5% capital
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