Goldman tripped up by VAR in Q4
BNY and Citizens also record backtesting exceptions
Goldman Sachs recorded one day in which trading losses exceeded value-at-risk estimates in Q4 2025, filings show, one of three US banks to incur a backtesting exception during the period.
The last time the bank recorded a VAR breach was in the second quarter of 2025, when it incurred two overshoots.
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