News in Systemic Risk: Monday, May 21, 2018 (10 a.m. ET)

Central bank digital currencies - design principles and balance sheet implications (Michael Kumhof, Clare Noone; Bank of England)

Broadening narrow money: monetary policy with a central bank digital currency (Jack Meaning, Ben Dyson, James Barker, Emily Clayton; Bank of England)

Már Guðmundsson: Reforming the international monetary and financial system and preserving monetary and financial stability in financially integrated small and open economies (BIS)

Fed's Mester Warns Against Dismantling Post-Crisis Bank Reforms (Bloomberg)

Main Street Banks’ New Lending Rivals: Hedge Funds and Private Equity (WSJ)

The Fed should not move too quickly to raise rates (FT)

ISDA eyes contingency plan as Libor demise looms (FT)

Big banks boost Brexit budgets (FT)

The Greek Master Plan for Growth Revolves Around Banks (Bloomberg)

EU Commission says lenders reach deal with Greece on reforms (Reuters)