Key facts
- Risk Quantum analysis found the EU carve-out cut BNP Paribas's cross-jurisdictional activity by around 51% at end-2025.
- The reduction could help BNP Paribas secure a lower capital surcharge in the upcoming G-Sib assessment.
- A Basel consultation could cement preferential treatment for European banks in the G-Sib framework.
The European banking union's preferential treatment of cross-border exposures reduced BNP Paribas's cross-jurisdictional activity by around 51% at end-2025, according to a Risk Quantum analysis of European banks' latest G-Sib disclosures. The reduction could help the French lender secure a lower capital surcharge in the upcoming assessment of global systemically important banks.
A Basel consultation could cement the preferential treatment for European banks within the G-Sib framework, according to the report. The article was published on November 4, 2026, and its full text was not available beyond the opening section.