JP Morgan falls from the top spot on G-SIB list

Tyler Davies

November 11, 2020 12:00 pm

JP_Morgan_PA_575x375_111120 — The J.P. Morgan logo sign on the entrance of a glass office building in Midtown Manhattan, New York, USA on 23 January 2020. JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company has the headquarters in New York City. NY, USA (Photo by Nicolas Economou/NurPhoto) | Nicolas Economou/NurPhoto/PA Images

US banks have fared well in the Financial Stability Board’s latest assessment of firms' systemic importance, with JP Morgan no longer standing out as the riskiest bank in the world.

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Tyler Davies