News in Systemic Risk: Monday, January 8, 2018 (10 a.m. ET)

Credit Booms – Is China Different? (Sally Chen, Joong Shik Kang; IMF)

Determinants of Bank Profitability in Emerging Markets (Emanuel Kohlscheen, Andrés Murcia Pabón, Julieta Contreras; BIS)

Balance Sheet Normalization: When Will Agency MBS Holdings Decline? (Andreas Fuster, Brian Greene, Brett Rose; Liberty Street Economics)

An Historical Perspective on the Quest for Financial Stability and the Monetary Policy Regime (Michael D. Bordo; NBER)

The Supply of Money-Like Assets – Simon Potter, Executive Vice President (New York Fed)

China Shadow Bank Clampdown Eyes $2tn of Entrusted Loans (FT)

China Orders Banks to Limit Any Risk From Entrusted Loan Business (Bloomberg)

Global Credit Outlook Brightest Since Financial Crisis (For Now) – Fitch (FT)

Greece’s 10-Step Road Map to a Bailout Program Exit in August (Bloomberg)

Warning Signs Emerge for US Treasury Market (FT)

South Korea Steps Up Cryptocurrency Inspections at Banks (WSJ)