News in Systemic Risk: Monday, November 6, 2017 (10 a.m. ET)
FSB Considers Financial Stability Implications of Artificial Intelligence and Machine Learning (FSB)
Leveraged Lending – A New Era for Guidance Issued by the Banking Agencies? (James A. Florack, Margaret E. Tahyar, Kelley A. O'Mara; Davis Polk)
Mission Almost Impossible: Developing a Simple Measure of Pass-Through Efficiency (Gara Afonso, Adam Biesenbach, Thomas Eisenbach; Liberty Street Economics)
China’s Shadow Banking Halts as Regulation Bites, Moody’s Says (Bloomberg)
PBOC Governor Urges China to Promote Equity, Cut Debt, Eliminate “Zombie” Companies: Official Media (Reuters)
China’s Central Bank Chief Warns of ‘Sudden, Contagious and Hazardous’ Financial Risks (Bloomberg)
Banks Sidestep a Big Tax-Plan Pitfall (WSJ)
GOP Tax Bill Keeps the $50 Billion Line in the Sand for ‘Big Banks’ (WSJ)
New York Fed President Dudley to Announce Early Retirement (WSJ)
Dudley to Leave Fed in Mid-2018 Amid Leadership Overhaul (Bloomberg)
US Asset Owners Warn Mifid II Creates Uneven Playing Field (FT)
Lloyds/HBOS Deal Described as a ‘Disaster’ in High Court Case (FT)