The stress test changes bolster the case made by Wall Street analysts that U.S. banks will face a friendlier regulatory ...

Trade groups representing the country’s biggest banks sued the Federal Reserve on Tuesday, accusing it of using an opaque process to test banks’ resiliency during annual stress tests.

While the 2010 Dodd-Frank Act requires the Fed to stress test major banks, the central bank has used its discretion to come up with hypothetical economic situations to test the banks against.

In parallel, the ECB will conduct its own stress tests on a group of banks that are not covered by the EBA. The EBA said it would test the banks' resilience to a worst-case scenario in which ...