From ACT Wiki
Jump to navigationJump to search

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.

For example, they are required to hold more capital than other banks.

UK-headquartered G-SIBs include HSBC, Barclays and Standard Chartered Bank.

See also

External reference