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CEOWORLD magazine - Latest - Education and Career - These 30 global banks posing systemic risk to the international banking system, 2016

Education and Career

These 30 global banks posing systemic risk to the international banking system, 2016

Two of the biggest US banks, Citigroup and JPMorgann have been designated as potentially posing the greatest systemic risks to the international banking system in an annual ranking issued by the G20’s Financial Stability Board (FSB), an international alliance of central bankers.

Citigroup joins JP Morgan in the 2nd highest ranking, with a capital add-on of 2.5%, replacing HSBC, which drops down one level.

The FSB was set up by G20 after the financial crisis to identify banks that are “too big to fail,” which from 2019 will be required to hold extra capital in the form of bonds to ensure they do not threaten the wider financial system if there is a repeat of the 2008 crisis.

The list of the 30 globally systemically important banks:

Bucket 5

There are no banks in the highest bucket, which has a 3.5% capital add-on.

Bucket 4 (a capital add-on of 2.5%)

  • Citigroup
  • JP Morgan Chase

Bucket 3 (a capital add-on of 2.0%)

  • Bank of America
  • BNP Paribas
  • Deutsche Bank
  • HSBC

Bucket 2 (a capital add-on of 1.5%)

  • Barclays
  • Credit Suisse
  • Goldman Sachs
  • Industrial and Commercial  Bank of China Limited
  • Mitsubishi UFJ FG
  • Wells Fargo

Bucket 1 (a capital add-on of 1.0%)

  • Agricultural Bank of China
  • Bank of China
  • Bank of New York Mellon
  • China Construction Bank
  • Groupe BPCE
  • Groupe Crédit Agricole
  • ING Bank
  • Mizuho FG
  • Morgan Stanley
  • Nordea
  • Royal Bank of Scotland
  • Santander
  • Société Générale
  • Standard Chartered
  • State Street
  • Sumitomo Mitsui FG
  • UBS
  • Unicredit Group

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CEOWORLD magazine - Latest - Education and Career - These 30 global banks posing systemic risk to the international banking system, 2016
Prof. Dr. Amarendra Bhushan Dhiraj
Prof. Dr. Amarendra Bhushan Dhiraj is a publishing executive and economist who is the CEO and editor-in-chief of The CEOWORLD magazine, one of the world’s most influential and recognized global news publications. Additionally, he serves as the chair of the advisory board for the CEOWORLD magazine. He received his Ph.D. in Finance and Banking from the European Global School, Paris, France. He earned his Doctoral Degree in Chartered Accountancy from the European International University Paris, France, and a Doctorate in Business Administration from Kyiv National University of Technologies and Design (KNUTD), Ukraine. Dr. Amarendra also holds a Master of Business Administration degree in International Relations and Affairs from the American University of Athens, Alabama, United States.


Prof. Dr. Amarendra Bhushan Dhiraj is CEO and editor-in-chief of CEOWORLD magazine. You can follow him on LinkedIn, Facebook, Twitter.