LONDON (Reuters) - JPMorgan (N:JPM) 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.
JPMorgan joins Citigroup (N:C) and HSBC (L:HSBA) in a lower band of extra capital the world's biggest banks must hold above the regulatory minimum set for all lenders, the FSB said in a statement.