Cryptocurrency Q&A
Is Goldman Sachs an SIB?
Is Goldman Sachs an SIB?
Stefano
Mon Nov 04 2024
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6 answers
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I'm trying to figure out if Goldman Sachs is considered an SIB. I've heard this term used in the financial industry, and I want to know if it applies to Goldman Sachs specifically.
6 answers
charlotte_clark_doctor
Wed Nov 06 2024
The firm holds a distinct position under the Capital Framework.
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CryptoVanguard
Wed Nov 06 2024
It is classified as an “Advanced approaches” banking organization.
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BitcoinBaroness
Wed Nov 06 2024
This classification is based on its sophisticated risk management practices.
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Margherita
Tue Nov 05 2024
Additionally, the firm has been designated as a global systemically important bank (G-SIB).
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Emanuele
Tue Nov 05 2024
Being a G-SIB signifies its significant impact on the global financial system.
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