The Financial Stability Board (FSB) today published its latest annual list of Global Systemically Important Banks (G-SIBs). Compared to the 2012 list, Industrial and Commercial Bank of China (HKG:1398) (SHA:601398) Limited is the sole new entrant, bringing the total number of GSIBs to 29. Banks report a collection of indicators The list was prepared according to the methodology developed by the Basel Committee on Banking Supervision. Banks report a collection of indicators to national banking supervisory authorities, which use these to compile scores for each bank. These indicators span the categories of a bank’s size, interconnectedness, lack of readily available substitutes…
Too Big To Fail Banks: FSB Updates The GSIB List
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.