Too Big To Fail - Financial Stability Board List

Financial Stability Board List

On November 4, 2011, a policy research and development entity, called the Financial Stability Board, released a list of 29 banks worldwide that they considered to be "systemically important financial institutions" - financial organisations whose size and role meant that any failure could cause serious systemic problems. Of the list, 17 are based in Europe, 8 in the U.S., and 4 in Asia:

  • Bank of America
  • Bank of China
  • Bank of New York Mellon
  • Banque Populaire CdE
  • Barclays
  • BNP Paribas
  • Citigroup
  • Commerzbank
  • Credit Suisse
  • Deutsche Bank
  • Goldman Sachs
  • Group Crédit Agricole
  • HSBC
  • ING Bank
  • JPMorgan Chase
  • Lloyds Banking Group
  • Mitsubishi UFJ FG
  • Mizuho FG
  • Morgan Stanley
  • Nordea
  • Royal Bank of Scotland
  • Santander
  • Société Générale
  • State Street
  • Sumitomo Mitsui FG
  • UBS
  • Unicredit Group
  • Wells Fargo

Read more about this topic:  Too Big To Fail

Famous quotes containing the words financial, stability, board and/or list:

    The woman who does her job for society inside the four walls of her home must not be considered by her husband or anyone else an economic “dependent,” reaching out her hands in mendicant fashion for financial help.
    Mary Barnett Gilson (1877–?)

    Two things in America are astonishing: the changeableness of most human behavior and the strange stability of certain principles. Men are constantly on the move, but the spirit of humanity seems almost unmoved.
    Alexis de Tocqueville (1805–1859)

    On board ship there are many sources of joy of which the land knows nothing. You may flirt and dance at sixty; and if you are awkward in the turn of a valse, you may put it down to the motion of the ship. You need wear no gloves, and may drink your soda-and-brandy without being ashamed of it.
    Anthony Trollope (1815–1882)

    The advice of their elders to young men is very apt to be as unreal as a list of the hundred best books.
    Oliver Wendell Holmes, Jr. (1841–1935)