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Home Basel Committee Financial Stability Board Updates List of Global Systemically Important Banks (G-SIBs); Basel Committee Releases Data Relating to Methodology for Identifying G-SIBs

Financial Stability Board Updates List of Global Systemically Important Banks (G-SIBs); Basel Committee Releases Data Relating to Methodology for Identifying G-SIBs

Today, the Financial Stability Board (FSB) published its annual update to the list of global systemically important banks (G-SIBs).  The updated list is based on 2012 data and the revised assessment methodology for identifying G-SIBs issued by the Basel Committee in July 2013.  Please see below for a blackline of the 2013 list of G-SIBs against the 2012 list.

Data relating to G-SIB Assessment Methodology for Identifying G-SIBs:  In its revised assessment methodology for identifying G-SIBs, the Basel Committee announced that it will bring forward by one year to November 2013 the publication of the denominators used to calculate banks’ G-SIB scores, as well as the cut-off score and thresholds used to identify G-SIBs and allocate them to different G-SIB capital surcharge buckets.  Today, the Basel Committee published this data on its website.

Our blog post on the July 2013 revised assessment methodology is available here.

Blackline of the 2013 list of G-SIBs against the 2012 list

G-SIB bucket and associated Common Equity Tier 1 risk-based capital surcharge G-SIBs list in alphabetical order within each bucket
Bucket 5(3.5% capital surcharge) (Empty)
Bucket 4(2.5% capital surcharge) Citigroup

Deutsche Bank

HSBC

JP Morgan Chase

Bucket 3(2.0% capital surcharge) Barclays

BNP Paribas

Citigroup

Deutsche Bank

Bucket 2(1.5% capital surcharge) Bank of America

Bank of New York Mellon

Credit Suisse

Goldman Sachs

Group Crédit Agricole

Mitsubishi UFJ FG

Morgan Stanley

Royal Bank of Scotland

UBS

Bucket 1(1.0% capital surcharge) Bank of China

Bank of New York Mellon

BBVA

Groupe BPCE

Group Crédit Agricole

Industrial and Commercial Bank of China Limited

ING Bank

Mizuho FG

Nordea

Santander

Société Générale

Standard Chartered

State Street

Sumitomo Mitsui FG

Unicredit Group

Wells Fargo

 

Materials: 

Financial Stability Board, FSB announces update of group of global systemically important banks (G-SIBs) (Nov. 11, 2013) available here: http://www.financialstabilityboard.org/press/pr_131111.pdf

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