SIFI
BankingDefinition
Systemically Important Financial Institution. Designated under Dodd-Frank for enhanced regulation. SIFIs face stricter capital, liquidity, and resolution-planning requirements.
Initially included some non-banks (Prudential, MetLife) — most have since been de-designated. Bank SIFIs include all G-SIBs (JPM, BAC, Citi, GS, MS, Wells, etc.).
Initially included some non-banks (Prudential, MetLife) — most have since been de-designated. Bank SIFIs include all G-SIBs (JPM, BAC, Citi, GS, MS, Wells, etc.).