A year after it started buying corporate bonds, the ECB is one of the world's biggest investors. But is the central bank distorting European capital allocation and acquisition activity?
It's time to stop calling the Fed's DFAST a stress test, and accept it for what it is: an effective capital requirement.
Just over two years ago, I took a train from Berlin to Wolfsburg, to visit a senior executive at Volkswagen.
Is the Fed's DFAST stress test telling us that ban...
It's time to stop calling the Fed's DFAST a stress...