News in Systemic Risk: Friday, June 25, 2021 (10 a.m. ET) June 25, 2021 Federal Reserve Board releases results of annual bank stress tests, which show that large banks continue to have strong capital levels and could continue lending to households and businesses during a severe recession (Federal Reserve Board of Governors) Decisions taken by the Governing Council of the ECB (in addition to decisions setting interest rates) (European Central Bank) ECB takes over supervision of systemic investment firms (ECB Banking Supervision) The role of non-bank financial intermediaries in the ‘dash for cash’ in sterling markets (Robert Czech, Bernat Gual-Ricart, Joshua Lillis and Jack Worlidge; Bank of England) Related Stories Yale Program on Financial Stability Presents Financial Crisis-Fighting Playbook June 24, 2025 Master’s Degree in Systemic Risk Fed Official Michael Barr Provides an Inside Look at Crisis Response February 26, 2025 Program on Financial Stability High School Students Visit Yale SOM for Introduction to Careers in Business and Economics August 20, 2024 Program on Financial Stability
Yale Program on Financial Stability Presents Financial Crisis-Fighting Playbook June 24, 2025 Master’s Degree in Systemic Risk
Fed Official Michael Barr Provides an Inside Look at Crisis Response February 26, 2025 Program on Financial Stability
High School Students Visit Yale SOM for Introduction to Careers in Business and Economics August 20, 2024 Program on Financial Stability
