News in Systemic Risk: Friday, June 5, 2026 (9:45 a.m.) June 5, 2026 Navigating risk, cutting complexity: financial conglomerates in the current environment (Anneli Tuominen; ECB) Book notes: Walter Bagehot: life and legacy, by Janet Seaton and Barry Winetrobe (Daniel Hinge; Central Banking) Crisis? Which crisis? How ECB stress test failed to see Strait (Paulina Pielichata; Central Banking) Bank of England and Financial Conduct Authority – Memorandum of Understanding on the supervision of Financial Market Infrastructure (Bank of England and Financial Conduct Authority) How should central banks respond to commodity price shocks? Optimal monetary and exchange rate frameworks for commodity-exposed economies (Thomas Drechsel, Michael McLeay, Silvana Tenreyro and Enrico D Turri; Bank of England) Capital requirements and process innovation (Walter Beckert, Peter Eccles and Paolo Siciliani; Bank of England) The Chair’s Summing Up: Independent Evaluation Office — The IMF and Climate Change (IMF) The credibility of bail-in (Alessandro Di Stefano, Yvan Lengwiler and Kumar Rishabh; BIS) Related Stories Yale Program on Financial Stability Presents Financial Crisis-Fighting Playbook June 24, 2025 Master’s Degree in Systemic Risk Fed Official Michael Barr Provides an Inside Look at Crisis Response February 26, 2025 Program on Financial Stability High School Students Visit Yale SOM for Introduction to Careers in Business and Economics August 20, 2024 Program on Financial Stability
Yale Program on Financial Stability Presents Financial Crisis-Fighting Playbook June 24, 2025 Master’s Degree in Systemic Risk
Fed Official Michael Barr Provides an Inside Look at Crisis Response February 26, 2025 Program on Financial Stability
High School Students Visit Yale SOM for Introduction to Careers in Business and Economics August 20, 2024 Program on Financial Stability