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:

    Because of these convictions, I made a personal decision in the 1964 Presidential campaign to make education a fundamental issue and to put it high on the nation’s agenda. I proposed to act on my belief that regardless of a family’s financial condition, education should be available to every child in the United States—as much education as he could absorb.
    Lyndon Baines Johnson (1908–1973)

    The message you give your children when you discipline with love is “I care too much about you to let you misbehave. I care enough about you that I’m willing to spend time and effort to help you learn what is appropriate.” All children need the security and stability of food, shelter, love, and protection, but unless they also receive effective and appropriate discipline, they won’t feel secure.
    Stephanie Marston (20th century)

    Watteau is no less an artist for having painted a fascia board while Sainsbury’s is no less effective a business for producing advertisements which entertain and educate instead of condescending and exploiting.
    Stephen Bayley (b. 1951)

    Religious literature has eminent examples, and if we run over our private list of poets, critics, philanthropists and philosophers, we shall find them infected with this dropsy and elephantiasis, which we ought to have tapped.
    Ralph Waldo Emerson (1803–1882)