Daily Management Review

Unicredit leaves the list of world’s systemically important banks


11/28/2023


According to Reuters, Italian bank Unicredit has been taken off the global list of systemically important banks.



CAPTAIN RAJU
CAPTAIN RAJU
The Financial Stability Board removed Italian UniCredit from its list of internationally recognized systemically important banks, according to Reuters.

It also included China's Bank of Communications in the list.

The global financial group UniCredit is based in Milan, Italy. It is ranked 34th in the world in terms of assets as of the end of 2022.

source: reuters.com