ZURICH, Nov 26 (Reuters) - French lender Credit Agricole
has moved up the list of global systemically important
banks published by the Financial Stability Board (FSB), the
Basel-based body said on Tuesday.
Since 2023, Credit Agricole has moved from the lowest level
on the list, bucket 1, up to bucket 2, the FSB said.
Meanwhile, U.S. lender Bank of America ( BAC ) has moved down from
bucket 3 to bucket 2, it added.
The list of global systemically important banks remains at
29, with JPMorgan ( JPM ) still top-placed, sitting alone in bucket 4.
Citigroup ( C/PN ) and HSBC ( HSBC ) are now the sole occupants of bucket 3.
The list comprises five buckets. No bank is in bucket 5.