G-SIB
BankingDefinition
Global Systemically Important Bank. Designated annually by the Financial Stability Board based on size, interconnectedness, complexity, cross-jurisdictional activity, substitutability. ~30 banks globally.
G-SIBs face capital surcharges (1-3.5% above Basel III minimums) reflecting their systemic risk. Top-tier G-SIBs (JPM, HSBC, Citi, BNP) carry the highest surcharges.
G-SIBs face capital surcharges (1-3.5% above Basel III minimums) reflecting their systemic risk. Top-tier G-SIBs (JPM, HSBC, Citi, BNP) carry the highest surcharges.