News in Systemic Risk: Monday, January 20, 2025 (9:45 a.m. ET) January 20, 2025 Why prudent projections are the backbone of sound stress testing (Luis de Guindos and Frank Elderson; European Central Banking) PBoC holds key lending rates (Jimmy Choi; Central Banking) Santander reviews UK retail banking presence broader assessment, source says (Reuters; Reuters) Related Stories 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 Visiting Yale, Treasury Secretary Janet Yellen Hails Program on Financial Stability