Financial system is once more at risk under the COVID-19 threat. Since 2008, little has been done to develop a ‘’macro’’prudential...

Systemic risk arises when the financial sector's need to equity or liquidity is not met. As COVID-19 depressed economies, systemic risk...

The history of bailouts might repeat in the COVID-19 Crisis. If the recession lasts long, equities of financial agencies cannot stand....