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April 7, 2015 - The Systemic Risk Council (SRC), a private sector, non-partisan body, today launched an interactive tool, designed to provide users with a simple way to track and assess changes in the financial conditions of the largest, most complex financial institutions in the United States.

The interactive can be found at www.systemicriskcouncil.org/interactive/.

The tool allows the public to examine existing public information about size, capital, leverage and reliance on short-term funding of several Systemically Important Financial Institutions (SIFIs). The tool shows both current information, as well as trends over the past 15 years. Users can compare all institutions using one metric at one point in time; look in more detail at a particular institution using up to three metrics over time, or compare up to three institutions over time on any single metric.

"Given the size, scope and complexity of these companies, as well as the length and complexity of their financial reporting, it is difficult for the average person to assess whether firms are in fact, getting smaller, safer or more resilient," said SRC chair Sheila Bair. "We are hopeful that the interactive provides simplicity and accessibility for the general public in accessing information to evaluate progress in two areas most problematic during the crisis; too much leverage at banks and too much reliance on short-term borrowing."

The institutions available for tracking have all been identified as "systemically important" by the Financial Stability Board, or the U.S. Financial Stability Oversight Council. They are:

AIG

Bank of America

Bank of New York Mellon

Citigroup

GE Capital

Goldman Sachs

JP Morgan Chase

Morgan Stanley

Prudential Financial

State Street

Wells Fargo

The interactive uses information compiled and provided by SNL Financial based on reports filed with federal regulators.

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