# Prof. Viral Acharya on the European Central Bank's stress tests

1 Faculty News March 8, 2015 ![Financial Times logo](/sites/default/files/styles/246w/public/assets/images/uat_025699.jpg?itok=5SpaxEbn)>

Excerpt from [Financial Times](http://www.ft.com/intl/cms/s/0/ed7b096a-c42d-11e4-a949-00144feab7de.html#axzz3TtXL9EU1) -- "'CCAR has become the binding capital constraint for the financial sector,' says [Viral Acharya](http://www.stern.nyu.edu/faculty/bio/viral-acharya), professor of economics at the NYU Stern School of Business."

[Read more](http://www.ft.com/intl/cms/s/0/ed7b096a-c42d-11e4-a949-00144feab7de.html#axzz3TtXL9EU1)