DFAST fashion: emerging trends from 12 years of US stress tests

The banks that breach buffers, the assets that perform best under stress, and other insights from Dodd-Frank Act stress-testing exercises

This is the third in a series of extended articles from the Risk.net Quantum desk, which publishes daily data-driven analysis available with selected subscriptions. Previous articles in the series can be found here.

In the coming days, the US Federal Reserve will throw open the doors on its Dodd-Frank Act stress-testing regime, or DFAST. The industry will gain an unprecedented look at the