News in Systemic Risk: Tuesday, August 8, 2017 (10 a.m. ET)
Cyber Risk, Market Failures, and Financial Stability (IMF)
U.S. Credit Card Debt Surpasses Record Set at Brink of Crisis (Bloomberg)
U.S. Equity Volatility Hits Five-Decade Low (FT)
Volatility Gauges Tumble to New Lows Amid Complacency Fears (Bloomberg)
Tools for Cleaning Up Europe’s Bad Debt: 18-Wheeler and a ‘Strong Stomach’ (WSJ)
People’s Bank of China Has Fintech on Its Mind (WSJ)
ECB’s Distorted Summer Bond Buying Boosts Italian Debt (FT)]
MEPs Seek Tougher Rules on London Euro Clearing after UK Quits EU (FT)
Paris Aims to Overtake Frankfurt in Race for Brexit Bank Jobs (Bloomberg)