The Financial Stability Board, a regulatory task force that's part of the Group of 20, identified 29 banks it considers crucial to the global financial system.  Because of their importance, the FSB says these banks will be required to maintain more capital and be subject to closer surveillance.  They also must have submitted a detailed plan that scopes out how they would be wound down - without taxpayer help - in the event the were hit with a significant market event. Of the 29 banks, 17 are from Europe, while 8 are from the United States.  [See list below.] Leaders at the Group of 20 summit meeting endorsed a core capital requirement surcharge ranging from 1% to 2.5% of risk-weighted assets.  The plan would be phased in over 3 years, starting in 2016.  The board declined to say which capital bracket each of the banks would fall into. Bank requirements include: resolution planning requirements - i.e. , “living wills,” by the end of next year.  National authorities can extend this requirement to other banks at their discretion.   The list of institutions will be reviewed and updated, as necessary, annually each November. 29 Crucial Banks. (1) Bank of America ... (2) Bank of China ... (3) Bank of New York Mellon ... (4) Banque Populaire ... (5)Barclays ...  (6) BNP Paribas ... (7)Citigroup ... (8) Commerzbank ... (9) Crédit Agricole ... (10) Credit Suisse ... (11) Deutsche Bank ... (12) Dexia ... (13) Goldman Sachs, (14) HSBC ... (15) ING Bank... (16) JPMorgan Chase ... (17) Lloyds Banking Group ... (18) Mitsubishi UFJ ... (19) Mizuho, ... (20) Morgan Stanley, ... (21)Nordea ... (22) Royal Bank of Scotland ... (23) Santander ... (24) Société Générale... (25) State Street ... (26) Sumitomo Mitsui ... (27) UBS, ... (28),   Unicredit Group ... and  (29) Wells Fargo. [Reuters, 11/5/11]