News in Systemic Risk: Monday, April 7, 2025 (9:45 a.m. ET) April 7, 2025 The disciplining effect of bank supervision: evidence from SupTech (Hans Degryse, Cédric Huylebroek, Bernardus F Nazar Van Doornik; Bank for International Settlements) PBoC backs state fund’s efforts to stabilise stock market (Thomas Chow; Central Banking) Hackers Spied on 100 US Bank Regulators’ Emails for Over a Year (Margi Murphy, Jake Bleiberg; Bloomberg) Related Stories Yale Program on Financial Stability Presents Financial Crisis-Fighting Playbook Fed Official Michael Barr Provides an Inside Look at Crisis Response High School Students Visit Yale SOM for Introduction to Careers in Business and Economics