Faculty News

Prof. Viral Acharya's research on European bank stress tests is highlighted

Financial Times logo
Excerpt from Financial Times -- "On October 27, Professors Viral Acharya and Sascha Steffen published an alternative estimate, using a different methodology, for 39 publicly listed eurozone banks with a combined balance sheet of €12.5tn (a subset of the banks in the EBA stress test and the ECB’s AQR). They calculated a shortfall of €450bn at the end of 2013 — about 3.6 per cent of assets."

Read more