Global Banking Industry: Systemically Important Banks (G-SIBs) 2025

Since 2011, the FSB and the Basel Committee on Banking Supervision (BCBS) have identified global systemically important banks each year [3]. Banks are placed in buckets that set the extra loss-absorbing capital they must hold [3].

The 2025 list, published on 27 November 2025, includes 29 G-SIBs, the same banks as in 2024 [1][2]. The 2024 list also had 29 banks, unchanged from 2023 [4].

• Bank of America and Industrial and Commercial Bank of China moved from bucket 2 to bucket 3, which carries a higher capital requirement [1].
• Deutsche Bank moved from bucket 2 to bucket 1, which carries a lower capital requirement [1].
• The FSB said the complexity category was the largest contributor to score movements [2].
• The next list is due in November 2026 [1].

FSB member authorities apply four sets of requirements to G-SIBs [2]:

• Higher capital buffers by bucket; buffers from the 2025 list apply from 1 January 2027 [2].
• The Total Loss-Absorbing Capacity (TLAC) standard, phased in from 1 January 2019 [2].
• Resolvability requirements, including group-wide resolution planning reviewed in the FSB Resolvability Assessment Process [2].
• Higher supervisory expectations for risk management, risk data aggregation, governance and internal controls [2].

This report uses FSB publications [1][2][3][4]. The 2025 assessment uses end-2024 data and a BCBS methodology agreed in July 2018 [2]. Most banks reported data as of 31 December 2024; banks in India and Japan reported as of 31 March 2025 and Canadian banks as of 31 October 2024 [2]. The BCBS scores banks on 13 high-level indicators [2]. The FSB brings together authorities from 24 countries and jurisdictions [1]. IMF Global Financial Stability Report figures were not verified for this edition and are not included.