Which bank become the first Canadian bank to be added to the Financial – InterviewSolution

InterviewSolution

1.	Which bank become the first Canadian bank to be added to the Financial Stability Board's (FSB's) list of global systemically important banks?
Answer» Royal Bank of Canada (RBC) has become the first Canadian bank to be added to the Financial Stability Board's (FSB's) list of global systemically important banks (G-SIB) deemed 'too big to fail'. On being added in this list, Royal Bank of Canada will now have to set aside larger capital buffers and will be subjected to more stringent supervision and compliance.

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