As per reports, JPMorgan Chase & Co (JPM) has once again become globally the most systematically important bank, as per the latest annual ranking of top lenders by global regulators, with BNP Paribas and Goldman Sachs also adding to the list with being more systemic, moving up one position.
The Financial Stability Board (FSB), made up of regulators from G20 countries, published its latest table of the world’s 30 most systemic banks, this week. The 30 banks are divided between four “buckets” in order of how systemic, interconnected, and complex they are, with JP Morgan now in a higher bucket among its nearest peers.
Last year JPMorgan shared the highest bucket with HSBC and Citigroup, but is now alone in the next bucket up, which was empty. JP Morgan had been the world’s most systemic bank in 2019.
JPMorgan Chase & Co (JPM) is a global financial service leader in investment banking, financial services for consumers and businesses, financial transaction processing, asset management, and commercial banking. To learn more about JPMorgan Chase & Co. (JPM) and to continue to track its progress please visit the Vista Partners JPMorgan Chase & Co. Coverage Page.
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