Each year, as a condition of the Dodd-Frank financial reforms that were implemented in the wake of the 2008 financial crisis, banks over a certain asset size must submit to a "stress test," which is designed to determine what would happen to each bank's capital levels during a severe global recession.Specifically, the banks are required to maintain four capital levels above minimum thresholds: The 2018 stress tests results were announced recently, and all 35 of the banks tested passed.