Understanding Global Systemically Important Bank Holding Companies (G-SIBs)

by C. Henry Adams


While reading a press release dated December 9th 2016 released at 12:00 pm EST - from the Board of Governors of the Federal Reserve System, whereas, it stated the following:

"The Federal Reserve Board on Friday, December 9th 2016 announced the approval of technical amendments to its rule that identifies global systemically important bank holding companies (GSIBs) and requires those firms to hold additional amounts of risk-based capital to avoid restrictions on capital distributions and discretionary bonus payments.".

We were curious to know how many  (GSIBs) Global Systemically Important Bank Holding Companies exist in the World today, so, we researched that information to gain insight.


We learned there were at least (34) thirty-four of these types of bank holding companies in the World as we know it today. 

Please see the list below:

1) Mizuho FG     320 Park Avenue, 12th Floor, New York, NY 10022, USA Tel. (1)212-209-9300.
2) Sumitomo Mitsui    277 Park Avenue, New York, NY 10172, U.S.A.. Phone. (1)212-224-4000. Facsimile. 1- (212) 593-9522
3) Mitsubishi UFJ FG    1221 Avenue of the Americas, 6th Floor, New York, NY
4) Bank of China    NEW YORK CHINATOWN BRANCH 42 EAST BROADWAY,NEW YORK, NY 10002, U.S.A.
5) ICBC    202 Canal Street, New York City, NY 10013
6) Agricultural Bank of China     277 Park Ave, 30th Floor, New York, NY, 10172. Telephone: (1)212-888-8998.


7) China Construction Bank      1095 Avenue of the Americas, 33rd Floor New York, NY 10036
8) Dexia Group    445 Park Ave #500, New York, NY 10022

9) BNP Paribas (Bank of the West)   118 Elm St Spooner, WI 54801  (1)715-635-2161

10) Crédit Agricole    1301 Avenue of the Americas, NY 10019, New York  (1)212-261-7000

11) Banque Populaire CE   ( No address found in the USA )

12) Société Générale    1221 AVENUE OF THE AMERICAS, 10020 NEW YORK

13) Commerzbank      225 Liberty Street New York, NY 10281-1050. USA. Telephone. (1)212-266-7200.

14) Deutsche Bank    60 Wall Street. New York, NY, USA. Telephone:  (1)212-250-2500.

15) Unicredit Group   150 East 42 Street 29th and 32nd Floors New York, NY10017 Tel: (1)212-672-6000

16) ING Bank      1133 Avenue of the Americas  New York, NY 10036

17) Banco Bilbao Vizcaya Argentaria    1345 6th Ave, New York, NY 10105

18) Santander    75 State Street Boston, Massachusetts 02109 USA

19) Nordea  1211 Avenue of the Americas 23rd Floor New York, NY 10036 United States  (1)212-318-9300

20) Credit Suisse  11 Madison Avenue 24th Floor New York, NY 10010 United States  (1)212-325-2000

21) UBS      1285 Avenue of the Americas, New York, NY 10019  (1)212-713-2000

22) Royal Bank of Scotland    1285 Avenue of the Americas, New York, NY 10019   (1)212-713-2000

23) Barclays  745 Seventh AvenueNew York, NY 10019  Phone: (1)212-526-7000

24) HSBC   452 5th Avenue, New York, NY 10018 Tel: (1)212-525-5000

25) Lloyds Banking Group  1095 Avenue of the Americas New York, NY 10036 34th Floor Tel: (1)212-450-0800

26) Standard Chartered   1095 Avenue of the Americas  New York, NY 10036 USA Tel: (1)212-667-0700

Note: Out of the 34 Global Bank Holding Companies, (8) eight are United States based companies.
An Asterisk ( " * "  ) has been placed by the eight US Organizations seen below these statements.
There are (25) twenty-five Foreign-based Companies of the 34 G-SIBs ( Global Bank Holding Companies  ) observed that have address in the United States of America.

 (  We are confident the remaining bank holding companies mentioned below have address in the United States of America.  So, we did not bother to identify them in relationship to the Federal Reserve System Press Release mentioned above. )

27) Bank of America *
28) Bank of New York Mellon *
29) Citigroup *
30) Goldman Sachs *
31) JP Morgan Chase *
32) Morgan Stanley *
33) State Street *
34) Wells Fargo *


Now, before we continue, according to the National Information Center, a bank holding company is ; "A company that owns and/or controls one or more U.S. banks or one that owns, or has controlling interest in, one or more banks. A bank holding company may also own another bank holding company, which in turn owns or controls a bank; the company at the top of the ownership chain is called the top holder. The Board of Governors is responsible for regulating and supervising bank holding companies, even if the bank owned by the holding company is under the primary supervision of a different federal agency (OCC or FDIC)"

It is true that possessing knowledge is power, perhaps,  the proper way to utilize that ability to act requires common sense.  Thus, the following questions come to mind:

1)  As a US Small Business Owner or Individual, are we allowed to invest in all (34) thirty-four Global Bank Holding Companies mentioned above in some way, form or fashion?  Could this investment be in a small or large amount of funds?

2)  Do all (34) thirty-four Global Bank Holding Companies have offices in the United States of America?

3)  What Organizations out of the (34) thirty-four Global Bank Holding Companies mentioned above are regulated by the Board of Governors of the Federal Reserve System in the United States?
.

Well, these are our thoughts, what say you?   Thanks for reading our blogs!    1(404)348-8319


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