North America has seen a jump in risk weightings in the 2016 Top 1000 World Banks rankings – an increase of 351 basis points (bps) compared with a 57.4bps rise in the 2015 rankings.
This increase can be attributed to the remaining US banks’ move to Basel III, with its stricter Tier 1 capital requirements. More than 99% of North American banks in the Top 1000 are now compliant with Basel III reporting requirements.
