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The
FSB began the annual rankings after the global financial crisis
over a decade ago, requiring the world's biggest lenders to hold
an extra buffer of capital, calibrated across five 'buckets',
and undergo tougher scrutiny of operations.
JP Morgan remains in bucket 2 - there is still nobody in the top
category with most capital requirements.
"The 30 banks on the list remain the same as the 2021 list.
Within the list, one bank has moved to a higher bucket, Bank of
America has moved from bucket 2 to bucket 3," the FSB said in a
statement.
Bank of America joins Citigroup and HSBC in bucket 3.
China Construction Bank and BNP Paribas have moved to a lower
bucket.
The changes in capital requirements will apply from January 1,
2024.
Cross-border exposures within the European Union's banking union
have been recognised in calibration of rankings this year
involving European banks, the FSB said.
(Reporting by Huw Jones; editing by Marc Jones and Jason Neely)
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