Skip to main content

News in Systemic Risk: Thursday, December 1, 2016 (10 a.m. ET)

U.S. Election

 Briefing: Trump and the Future of Financial Regulation -- Week Two (WSJ)

Dodd-Frank critic Paul Atkins in frame for top SEC post - Transition team’s adviser on regulation believes corporate fines penalise investors (Financial Times)

Why Italian Stability Is in the Hands of One Bank’s Bondholders - Banca Monte dei Paschi di Siena’s debt-for-equity swap to be completed by Friday (WSJ)

Banco Popular Faces Threat as Spain’s ‘Most Italian Bank’ - How Spain’s Banco Popular and other fragile banks handle fallout from Sunday’s Italian referendum will be a barometer of Europe’s efforts to gird its financial system (WSJ)

Eurozone Bailout Fund Proposes Short-Term Debt Relief for Greece - ESM proposes extension on some maturities and locking in the interest on some loans to ease Greece’s debt load (WSJ)

RBS Must Add $2.5 Billion in Capital After Failing BOE Stress Test - Barclays and Standard Chartered also stumble in annual health check (WSJ)

Bank reform talks fail to agree loan risk measures - Basel Committee likely to miss year-end deadline for securing agreement on rules (Financial Times)

Prudential Regulation Authority Regulatory Digest November 2016

BIS’s Jaime Caruana:  Monetary policy for financial stability

IFC Working Paper:  Development of financial sectoral accounts: new opportunities and challenges for supporting financial stability analysis

Banque de France Document de Travail:  An Early Warning System for Marco-Prudential Policy in France

NY Fed Staff Reports:  Credit Spreads, Financial Crises, and Macroprudential Policy

NY Fed Staff Reports:  Cross-Border Prudential Policy Spillovers: How Much? How Important? Evidence from the International Banking Research Network