BofA and ICBC lose, Deutsche wins in latest G-Sib audit
Latest assessment of systemic lenders brings capital relief to German giant
Two banks were saddled with higher capital requirements while one won lower surcharges in the latest benchmarking of global systemically important banks (G-Sibs) by the Financial Stability Board, whose results were released on November 27.
Systemic scores for Bank of America and Industrial and Commercial Bank of China (ICBC) inched up 23 basis points and 33bp, respectively – enough to push them
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