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Risk Quantum Banks

American Express crosses category II threshold

Cross-jurisdictional activity tops $75bn, but four-quarter average keeps bank in category III

American Express exceeded the cross-jurisdictional activity threshold associated with a category II designation under the US Federal Reserve’s tailoring framework for the first time in Q4 2025.

Cross-jurisdictional activity – one of the key systemic indicators used to determine a bank’s regulatory category – increased by $2 billion, or 2.7%, quarter on quarter, to $76 billion, placing it just

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