News in Systemic Risk: Thursday, April 5, 2018 (10 a.m. ET)

Are the New Basel III Capital Buffers Countercyclical? Exploring the Option of a Rule-Based Countercyclical Buffer (Filippo Occhino; Cleveland Fed)

America Rolls Out Its Libor Replacement (Audio) (Bloomberg)

Watchdog says big German banks should not merge: Handelsblatt (Reuters)

Pimco Says China Deleveraging May Soften in 2018 (Bloomberg)

Monte dei Paschi's bosses confident about turnaround plan: sources (Reuters)

Bankers pitch aggressive loan refinancings as uncertainty looms (Reuters)

English law faces Brexit crunch under push to change financial contracts (Reuters)

Banks Rush to Turn Japan Cashless (Bloomberg)

Indonesia's new bank rules aimed at spurring credit growth (Reuters)

India defers new accounting rules for banks cheering investors (Reuters)

What did the CBPS do to corporate bond yields? (Calebe de Roure, Ben Morley, Lena Boneva; Bank Underground)