11/30/2009

The Financial Stability Board has developed a list of 30 global financial institutions, including UBS, JPMorgan Chase, AEGON and AXA, which it has pegged for cross-border regulatory exercises. The effort is designed to address systemically important international financial companies and pre-empt the spread of risk in any future financial crisis. Goldman Sachs, Morgan Stanley, Bank of America Merrill Lynch, Citigroup, Allianz and Zurich were all included in the list.

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