The Financial stability board, chaired by UK’s Mark Carney, has published it’s new list of “too big to fail” banks and JPM and HSBC have made it to the top and the 2.5% capital surcharge tier. The rules which don’t come fully into effect until 2016 measure a banks risks and requirements before calculating the levels they need to set aside. Deutsche bank and Citigroup have fallen down to the 2% level from 2.5% previously. The highest level for surcharges is 3.5%.
This is the full updated table.
FSB Too big to fail table 11 11 2013
