Italy’s UniCredit is no longer among the world’s globally systemically important banks.

These banks, known colloquially as the too-big-to-fail banks, are required to hold more capital than other institutions.

The list is maintained by the Financial Stability Board, after consultations with national authorities as well as the Basel Committee…

Master your money.

Subscribe to MarketWatch.

Get this article and all of MarketWatch.

Access from any device. Anywhere. Anytime.


Subscribe Now



Source link

Share:

administrator

Leave a Reply

Your email address will not be published. Required fields are marked *