FSB slashes Deutsche's G-SIB score, maintains HSBC's bucket

Deutsche_Alamy_230x150_22Nov2019
By Tyler Davies
22 Nov 2019

Deutsche Bank has moved down a bucket in the Financial Stability Board’s latest assessment of global systemically important banks (G-SIBs), with the German firm expecting further ‘efficiencies’ to stem from its broad-ranging restructuring plan.

The FSB has five buckets in its G-SIB list, denoting different levels of systemic importance and corresponding additional capital demands.

Deutsche sat alongside Citi and HSBC in the third bucket in last year’s list — below only JP Morgan — meaning that it was subject to an extra capital ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial