Elon Musk Changes his Mind and is Credit Suisse in Trouble?
The Canadian Investor
00:00
What Are the G-Sib Banks?
There are five tiers of G-SIB banks. The top tier, there is no one in there. After that, the second highest tier is, I believe it's JP Morgan,. And amongst all the banks, there are two Canadian banks that are considered G-S IB. They are in the lowest tier, so there's rural bank and TD Bank. Of course, there's some US banks, there's a Chinese bank, I believe there's an Australian, British bank, French bank. So they're basically some of the largest financial institution in the world.
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