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LONDON, Nov 6 (Reuters) - Switzerland's UBS andFrance's Credit Agricole will not have to hold as muchextra capital as previously expected after regulators said theywere less systemically important than a year ago.
The Financial Stability Board on Thursday issued a list of30 banks considered the most global systemically important,dubbed G-SIBs, who have to hold extra capital of between 1 and2.5 percent to make them less likely to fail and cause havoc infinancial markets.
The FSB, which coordinates financial regulation worldwide,added Agricultural Bank of China to this year's listof most important banks.
It said UBS and Credit Agricole had to hold extra capital of1 percent. On last year's list, their capital surcharge was 1.5percent, which serves as an extra layer of protection on top ofminimum capital levels for all banks. (Reporting by Steve Slater; Editing by Kirstin Ridley)
