News in Systemic Risk: Thursday, May 27, 2021 (10 a.m. ET) May 27, 2021 Banks fearing the drought? Liquidity hoarding as a response to idiosyncratic interbank funding dry-ups (Helge C. N. Littke, Matias Ossandon Busch; Deutsche Bundesbank) Fed reverse repo volume sparks worries U.S. short-term rates could go below zero (Gertrude Chavez-Dreyfuss; Reuters) Wirecard 'wake-up call' prompts EU company reporting reform (Huw Jones; Reuters) Head of UK’s financial regulator says it was not up to the job (Daniel Thomas, Michael O’Dwyer; Financial Times) Bank of Korea to start CBDC trial in August (Central Banking) Related Stories High School Students Visit Yale SOM for Introduction to Careers in Business and Economics Visiting Yale, Treasury Secretary Janet Yellen Hails Program on Financial Stability Program on Financial Stability Receives $7.5 million