JP Morgan became world’s most systemic bank

JP Morgan became world's most systemic bank

Question: Which of the following became the world’s most systematic systemic Bank?
(a) JP Morgan
(b) Goldman Sachs
(c) Morgan Stanley
(d) Bother a & b
Answer: (a)
Related Facts:

  • JPMorgan Chase has been named the world’s most important bank.
  • The Financial Stability Board (FSB), made up of regulators from G20 countries, published its latest table of the world’s 30 most systemic banks on 23 November 21.
  • JP Morgan had last been the world’s most systemic bank in 2019.

BY: AMIT GUPTA

Reference: https://www.fsb.org/2021/11/2021-list-of-global-systemically-important-banks-g-sibs/