News in Systemic Risk: Monday, March 20, 2023 (10:00 a.m. ET) March 20, 2023 Systemic Risk Council Urges Federal Reserve and FDIC Not to Relax Resolution-Planning Requirements for Large US Regional Banks Coordinated central bank action to enhance the provision of U.S. dollar liquidity (Federal Reserve Board) Swiss National Bank provides substantial liquidity assistance to support UBS takeover of Credit Suisse (Swiss National Bank) FINMA approves merger of UBS and Credit Suisse (FINMA) ECB Banking Supervision, SRB and EBA statement on the announcement on 19 March 2023 by Swiss authorities (ECB Banking Supervision, SRB, EBA) Subsidiary of New York Community Bancorp, Inc., to Assume Deposits of Signature Bridge Bank, N.A., From the FDIC (FDIC) FDIC Extends Bid Window For Silicon Valley Bridge Bank, N.A. (FDIC) Statement by Secretary of the Treasury Janet L. Yellen and Federal Reserve Board Chair Jerome H. Powell (Federal Reserve Board) Related Stories High School Students Visit Yale SOM for Introduction to Careers in Business and Economics Visiting Yale, Treasury Secretary Janet Yellen Hails Program on Financial Stability Program on Financial Stability Receives $7.5 million
