The 2020 list of global systemically important banks (G-SIBs) uses end-2019 data and an assessment methodology designed by the Basel Committee on Banking Supervision (BCBS). 

Compared with the list of G-SIBs published in 2019, the number of banks identified as G-SIBs remains 30. The assignment of G-SIBs to buckets, in the list published today, determines the higher capital buffer requirements that will apply to each G-SIB from 1 January 2022. Three banks have moved to a lower bucket: JP Morgan Chase has moved from bucket 4 to bucket 3, Goldman Sachs and Wells Fargo have moved from bucket 2 to bucket 1. One bank has moved to a higher bucket: China Construction Bank has moved from bucket 1 to bucket 2.