News in Systemic Risk: Friday, January 10, 2025 (9:45 a.m. ET) | Yale School of Management

FSB consults on recommendations to address financial stability risks arising from leverage in non-bank financial intermediation (Financial Stability Board)

Federal Reserve Board announces Michael S. Barr will step down from his position as Federal Reserve Board Vice Chair for Supervision, effective February 28, 2025, and will continue to serve as governor (Federal Reserve Board)

Reflections on 2024: Monetary Policy, Economic Performance, and Lessons for Banking Regulation (Federal Reserve Board)

The Bank of England’s power to direct institutions to address impediments to resolvability (Bank of England)

Reading between the lines − speech by Sarah Breeden (Sarah Breeden; Bank of England)

The EBA publishes its final Guidelines on the management of ESG risks (European Banking Authority)

Europe's banking union at ten: Unfinished yet transformative (Nicolas Véron; Peterson Institute for International Economics)

Limited Risk Transfer Between Investors: A New Benchmark for Macro-Finance Models (Xavier Gabaix, Ralph S. J. Koijen, Federico Mainardi, Sangmin Simon Oh, Motohiro Yogo; National Bureau of Economic Research)

The systemic financial risk at the heart of Trump Mk II (Patrick Jenkins; Financial Times)

Bank of England to relax rules for banks and insurers (Martin Arnold; Financial Times)

Fed Vice Chair Says He’s Leaving Role Early to Avoid Fight With Trump (Deborah B. Solomon, Jeanna Smialek; New York Times)

Banks Are Racking Up Wins Even Before Trump Is Back in White House (Jeanna Smialek; New York Times)

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