30 global financial institutions on risk list
A list has been drawn up by regulators under the auspices of the Financial Stability Board to pre-empt systemic risks from spreading around the world in any future financial crisis. The Financial Stability Board (FSB) has been established to “address vulnerabilities and to develop and implement strong regulatory, supervisory and other policies in the interest of financial stability”. The list includes many of our best known banking groups such as UK groups Barclays, HSBC, Royal Bank of Scotland …
A list has been drawn up by regulators under the auspices of the Financial Stability Board to pre-empt systemic risks from spreading around the world in any future financial crisis. The Financial Stability Board (FSB) has been established to “address vulnerabilities and to develop and implement strong regulatory, supervisory and other policies in the interest of financial stability”. The list includes many of our best known banking groups such as UK groups Barclays, HSBC, Royal Bank of Scotland and Standard Chartered.
And favorites from across the Atlantic such as Bank of America Merrill Lynch, Citigroup, Goldman Sachs, JPMorgan Chase and Morgan Stanley. A number of insurance groups also made it onto the list – Aegon, Allianz, Aviva, Axa, Swiss Re and Zurich.
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