News in Systemic Risk: Friday, April 6, 2018 (10 a.m. ET)

Monetary policy and cross-border interbank market fragmentation: lessons from the crisis (Tobias Sebastian Blattner, Jonathan M. Swarbrick; ECB)

The consequences of protectionism – Panel contribution by Benoît Cœuré, Member of the Executive Board of the ECB (ECB)

Do interest rates play a major role in monetary policy transmission in China? (Güneş Kamber, Madhusudan Mohanty; BIS)

ECB's Coeure Warns Trade Wars Raise Burden on Central Banks (Bloomberg)

Government to Review Zions Bid to Shed ‘Systemically Important’ Tag (WSJ)

Wall Street’s Big Banks Are Waging an All-Out Technological Arms Race (Bloomberg)

Life after Libor, a cut-out-and-keep guide (FT)

Bank of Italy urges ECB to be cautious in withdrawing stimulus (Reuters)

SNB's Maechler says cryptocurrencies won't rival conventional currency (Reuters)

UK watchdog says license needed to trade cryptocurrencies (Reuters)