News in Systemic Risk: Thursday, April 1, 2021 (10 a.m. ET) April 1, 2021 FSB publishes final report of the evaluation of too-big-to-fail reforms for banks (Financial Stability Board) An empirical foundation for calibrating the G-SIB surcharge (Alexander Jiron, Wayne Passmore, Aurite Werman; Bank for International Settlements) Procyclical Leverage and Crisis Probability in a Macroeconomic Model of Bank Runs (Daisuke Ikeda, Hidehiko Matsumoto; Bank of Japan) Financial Sector in the New Decade (Shri Shaktikanta Das; Reserve Bank of India) Preparing for a wave of non-performing loans: Empirical insights and important lessons (Johannes Kasinger, Jan Pieter Krahnen, Steven Ongena, Loriana Pelizzon, Maik Schmeling, Mark Wahrenburg; VoxEU) Archegos debacle reveals hidden risk of banks’ lucrative swaps business (Robert Armstrong; Financial Times) How has the IMF fared during the pandemic? (The Economist)
