This is an important week for the nation’s biggest banks. On Thursday, the Federal Reserve will report the results for the 2017 Dodd-Frank Act stress tests, or DFAST. It will follow that up on June 28 by releasing the results of the comprehensive capital analysis and review, or CCAR.
While Bank of America (NYSE: BAC) has intermittently run into troubles on the stress tests in the past, there’s every reason to believe that it will sail through the process this year.