# Research on systemic risk by Stern's Volatility Institute is referenced

1 School News September 28, 2016 ![Bloomberg logo](/sites/default/files/styles/246w/public/assets/images/bloomberg192x144.jpg?itok=yV529lwz)>

Excerpt from [Bloomberg](http://www.bloomberg.com/news/articles/2016-09-28/why-people-have-been-worrying-about-deutsche-bank-in-12-charts) -- "Market-based measures support the view that Deutsche Bank is heavily intertwined with the rest of the global financial system. According to a systemic risk (SRISK) gauge first designed by the Volatility Institute at New York University's Stern School of Business, the bank would face a capital shortfall of 87.4 billion euros if it were still to fulfill capitalization requirements in the event of a financial crisis — which they define as a 40 percent semi-annualized fall in global stock markets."

[Read more](http://www.bloomberg.com/news/articles/2016-09-28/why-people-have-been-worrying-about-deutsche-bank-in-12-charts)