News in Systemic Risk: Wednesday, January 20, 2021 (10 a.m. ET) January 20, 2021 Time to look again at the financial system’s dangerous faultlines (Paul Tucker; Financial Times) Does regulation only bite the less profitable? Evidence from the too-big-to-fail reforms (Tirupam Goel, Ulf Lewrick, Aakriti Mathur; Bank of International Settlements) The Role of Collateral in Borrowing (Nicholas Garvin, David W Hughes, José-Luis Peydró; Reserve Bank of Australia) International Yield Spillovers (Don H. Kim, Marcelo Ochoa; Federal Reserve Board of Governors) The interaction between macroprudential and monetary policy through global banks: New cross-country evidence from the International Banking Research Network (Matthieu Bussière, Jakob de Haan, Robert Hills; VoxEU) ECB Is Capping Bond Yields But Don’t Call It Yield Curve Control (Jana Randow, Jeannette Neumann; Bloomberg) Yellen Makes Case for Sweeping Stimulus Package in Face of GOP Skepticism (Kate Davidson; Wall Street Journal) Related Stories Yale Program on Financial Stability Presents Financial Crisis-Fighting Playbook FORTUNE: How Nvidia CEO Jensen Huang’s success discredits ‘stick to your knitting’ leadership advice A Day in the Life: Luisa Locatelli ’25
