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Friday, November 04, 2011

List of 29 Banks Deemed Too Big to Fail...

The Financial Stability Board of the G20 has published its list of 29 banks that have been deemed too big to fail...they are:

U.S.: Bank of America, Bank of New York Mellon , Citigroup, Goldman Sachs, J.P. Morgan, Morgan Stanley, State Street, Wells Fargo

U.K.: Royal Bank of Scotland PLC, Lloyds Banking Group PLC , Barclays PLC , HSBC Holdings PLC

France: Credit Agricole SA , BNP Paribas SA , Banque Populaire, Societe Generale SA

Germany: Deutsche Bank AG , Commerzbank AG

Italy: Unicredit Group SA

Switzerland: UBS AG , Credit Suisse AG

Belgium: Dexia SA

Netherlands: ING Groep NV

Spain: Banco Santander SA

Sweden: Nordea AB

Japan: Mitsubishi UFJ FG , Mizuho FG, Sumitomo Mitsui FG

China: Bank of China

MarketWatch has further details on this at this link