# Professor Joshua Ronen discusses the Office of Financial Research's findings on foreign banks

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

Excerpt from the [Financial Times](http://www.ft.com/intl/cms/s/0/cf89061a-80ab-11e5-8095-ed1a37d1e096.html) -- "[Joshua Ronen](http://www.stern.nyu.edu/faculty/bio/joshua-ronen), a professor of accounting at New York University’s Stern School of Business said the OFR’s study — which did not cite individual banks by name — showed that lenders with the lowest capital ratios were making the biggest quarter-end reductions."

[Read more](http://www.ft.com/intl/cms/s/0/cf89061a-80ab-11e5-8095-ed1a37d1e096.html)