Unicredit Bank logo is seen in this illustration taken March 12, 2023.
REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsZURICH, Nov 27 (Reuters) - The Financial Stability Board (FSB) on Monday removed Italy's UniCredit (CRDI.MI) from the list of global systemically important banks and moved three banks, including Switzerland's UBS (UBSG.S), up a bucket.
UniCredit, which was the only lender in Italy among those deemed as being of global systemic importance by the FSB, had no comment.
UBS moved up a bucket after earlier this year taking over Credit Suisse in the first merger of two systemically important banks.
Agricultural Bank of China and China Construction Bank also moved up from bucket 1 to bucket 2.
Persons:
Dado Ruvic, Italy's, Noele Illien, Giulio Piovaccari, Louise Heavens, Sharon Singleton
Organizations:
REUTERS, Rights, UBS, UniCredit, Credit Suisse, China's Bank of Communications, Agricultural Bank of, China Construction Bank, Thomson
Locations:
Italy, Agricultural Bank of China