News in Systemic Risk: Friday, January 10, 2020 (10 a.m. ET)

Firm or bank weakness? Access to finance since the European sovereign debt crisis (Giuseppe Corbisiero, Donata Faccia; European Central Bank)

Managing Global Liquidity as a Global Public Good (Bernard Snoy, André Icard, Philip Turner; Robert Triffin International)

A prolonged US-Iran confrontation may spark a new economic crisis in the Middle East (Adnan Mazarei; Peterson Institute for International Economics)

Benchmark interest rates when the government is risky (Patrick Augustin, Mikhail Chernov, Lukas Schmid, Dongho Song; VoxEU)

U.S. Banks’ Record-Breaking Earnings Streak Has Probably Peaked (Hannah Levitt; Bloomberg)