This post originally appeared on The Basis Point: Here’s the 30 banks global regulators think are most systemically important
Who do regulators deem the top 30 banks? In a live feed about the Credit Suisse bailout, Bloomberg’s Asia finance editor Russell Ward just shared a key note about regulatory priorities. The list he references is above.
Credit Suisse is one of only 30 banks deemed by international regulators to be so important to the global financial system that they need to hold extra capital and meet other standards. Here’s the list, made after the global financial crisis and revised every year.
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Reference:
– Bloomberg live feed on Credit Suisse (paywall)
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To stem contagion, 11 big banks replenish billions depositors withdrew from First Republic
First Republic for sale, maybe. Won’t be first time. Or big banks step in to help.
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