The fourth largest US The bank was operating under the asset cap of $ 1.95-trillion by the Fed in 2018, until the regulators determined its problems in the 2016 fake Accounts NS scandal until the purpose of restricting its growth.
CNBC Speaking in the interview, CEO Charlie Scarf said he wanted to increase dividend payments and would focus on growth in credit cards and investment banking departments.
HSBC analysts, headed by Saul Martinez, said in a note that the removal of the asset cap is not only easier to grow the company, but also a symbol of significant progress made under the current leadership team.
The stock of S -donor was at.4 77.43, which has the most affected since March 3. They have added more than 10% in 2025, compared to 5% addition to the S&P 500 banks.
Analysts said, “Markets are taking more and more prices in removing asset caps, possibly limiting Ctront nearby side of the side.”
The Fed Board unanimously voted to increase the seven -year ban, which was the first time when the Central Bank ordered a bank to grow and overcome its shortcomings.
The Nder has cleared orders for more than a dozen since this year and 2019.
The Fed’s decision was handed over to CEO Scarf, which was exploring the consent order, legal battles and regulatory verification route after taking the top job in 2019.
During this time, colleagues became rich. JP Morgan Chase’s wealth has increased by about $ 2 trillion since the beginning of 2018, while Bank America has expanded its assets by about $ 1 trillion.
“Corporate and investment banking is a potential area where we can see the lean on growth in the last 18 months,” Bofa Global Research Analysts said.
The scarf told analysts in October Chatber that the bank is carefully operating its wholesale deposits and markets business, and there are areas when it will expect to expand when it is removed.
The Wales Fargo Fed’s annual bank stress test is “good position”, said Duosha Bank. The results are pending later this month.
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