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Financial Stability Board Eases Capital Requirements on JPMorgan Chase

Reuters | Equities.com |

JPMorgan is no longer the world’s most systemically-important bank, according to rankings for additional capital requirements published by the Financial Stability Board on Wednesday.

After banks had to be rescued by taxpayers in the financial crisis over a decade ago, regulators have ranked the world’s most important banks in a series of capital “buckets” according to their size, international reach and complexity.

JPMorgan had been alone in having to hold extra capital equivalent to 2.5% of its assets on a risk-weighted basis out of the 30 top banks listed by the FSB, which coordinates financial rules for the Group of 20 Economies (G20).


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