News in Systemic Risk: Thursday, October 20, 2016 (10 a.m. ET)
How One Goldman Sachs Trader Made More Than $100 Million - the gains from big trades on junk bonds are a throwback to an earlier era on Wall Street (WSJ)
UK will ensure stability of financial sector: Brexit minister (Reuters)
ICE’s Sprecher Criticizes Mifid II, European Financial Rules Set to Start in 2018 - Executive calls new laws ‘a terrible piece of legislation,’ suggests Brexit could help U.K. become more business friendly (WSJ)
Where the Next Crisis Will Come From - Keep an eye on depressed lenders, shadow banks, and China (Bloomberg Businessweek)
ECB’s Danièle Nouy: The shifting ground of banking – A supervisor’s perspective