UniCredit S. p. A excluded from the list of global systemically significant banks

Moscow. November 27. information agency "Interfaks" - Council for financial stability (Council for financial stability, FSB) following the results of annual revision of the list global systemically significant banks excluded from it UniCredit S. p. A, according to data on a site FSB. From the list it is also excluded the Swiss Credit Suisse Group AG, absorbed in this year by competing UBS. At the same time the list included the Chinese Bank of Communications. Thus, the number of banks in the list was reduced to 29 with the 30th year before. FSB brings financial institutes in the list proceeding from a number of criteria, including their size, complexity businesses and level...