News in Systemic Risk:Monday, May 8, 2017 (10 a.m. ET)
Euro Zone May Get Another Giant Bank as Finns Build Nordea Case (Bloomberg)
Credit Information Sharing, Loan Loss Recognition Timeliness, and Financial Stability (LBS)
European Commission Proposes Reforms to EMIR (NLR)
Japan, ASEAN Countries Mull Ways to Counter Financial Crises (NYT/AP)
Warsh Calls for Fed-Treasury Plan to Smooth Balance-Sheet Unwind (Bloomberg)
House Republicans Move to Gut Bank Regulations (NYT)
China’s War on Debt Causes Stocks to Drop, Bond Yields to Shoot Up and Defaults to Rise (WSJ)
Screws Tighten on Risky Chinese Insurance (WSJ)
Puerto Rico: A Debt Problem That Kept Boiling Over (NYT)
EBA launches harmonisation of European covered bonds rules (JD Supra/Orrick)
Working Paper Series How to predict financial stress? An assessment of Markov switching models (ECB)
