Unicredit Removed from List of Global Systemically Important Banks by FSB

The Financial Stability Board removed Italy’s UniCredit the list of global systemically important banks.

On Monday, November 27, Reuters revealed that Italy’s UniCredit had been removed from the list of global systemically important banks by the Financial Stability Board.

Meanwhile, China’s Bank of Communications was added to this list.

This is a breaking story. More detailed info will be added soon.

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Source: https://www.coinspeaker.com/unicredit-list-of-global-systemically-important-banks/