G-SIB: Difference between revisions
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UK-headquartered G-SIBs include HSBC, Barclays and Standard Chartered Bank. | |||
Revision as of 09:23, 20 February 2020
Global systemically important bank.
A G-SIB is a large bank whose potential failure would have widespread negative effects in the broader financial system.
For this reason, these banks are subject to more stringent regulation and capital adequacy requirements than other institutions.
UK-headquartered G-SIBs include HSBC, Barclays and Standard Chartered Bank.
