Preventing systemic risk from the perspective of bank risk accumulation has been widely researched and supported. This study focuses on the impact of economic volatility on bank risk accumulation and systemic risk. Using the proportion of non-core liabilities as the bank's risk accumulation...

In 2018, the price index of the Chinese A-share market experienced a turbulent loss, exposing many privately listed companies with share pledges to liquidation risk, which might then lead to systematic risks. The central Government encouraged local governments and financial institutions to set...