News in Systemic Risk: Wednesday, May 30, 2018 (10 a.m. ET)
Good News, Leverage, and Sudden Stops (Ozge Akinci, Ryan Chahrour; Liberty Street Economics)
Eurozone bank debt and shares feel the burn from Italy (FT)
Who’s Most Vulnerable to Italy’s Troubles? Europe’s Banks (WSJ)
Italy Banks Under Scrutiny as Messy Politics Prompts Downgrades (Bloomberg)
Bank of Italy’s Visco warns on urgent risk of losing ‘asset of trust’ (FT)
Italy Crisis Highlights Need for Urgent Eurozone Reform, Says OECD (WSJ)
Political storm threatens Italian bank recovery (Reuters)
Investors ask if ECB has will and means to save euro from Italian turmoil (Reuters)
Banks temper expectations for first 'Volcker Rule' rewrite (Reuters)
China carries out spot checks on shadow banking-CSJ (Reuters)