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 Risk.net’s Risk Quantum desk, which produces daily data articles, available via a Risk Management subscription. You can find the previous articles 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 assumptions and