{"id":20212,"date":"2011-03-18T15:23:04","date_gmt":"2011-03-18T19:23:04","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=20212"},"modified":"2011-03-18T15:23:04","modified_gmt":"2011-03-18T19:23:04","slug":"fed-to-lift-restrictions-on-healthy-banks","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/03\/18\/fed-to-lift-restrictions-on-healthy-banks\/","title":{"rendered":"Fed to Lift Restrictions on Healthy Banks"},"content":{"rendered":"<p>The Federal Reserve is planning to withdraw government oversight on some  of the nation&#8217;s largest banks Friday, reports the Wall Street Journal.  After two years of regulation following 2008&#8217;s crisis, the Fed will now  allow financial institutions that have passed a January round of stress  tests to operate as they did prior to industry&#8217;s near-collapse,  restriction-free. Banks will now be able to raise dividends and initiate  share buybacks, which was previously largely prohibited as an effort to  preserve capital and a stipulation to receive government aid. Of the 19  banks tested, J.P. Morgan Chase (NYSE:JPM) is one of the bank expected  to receive immediate approval for a dividend hike and share repurchases.  The bank had slashed its quarterly dividend by 87% to $0.05 in February  2009 which gave JPM an additional $5 billion a year. Analysts also  expect U.S. Bancorp (NYSE:USB), American Express Co. (NYSE:AXP) and  Wells Fargo &amp; Co. (NYSE:WFC) to be among the first institutions  cleared from restrictions. Dividend increases are important factors of  growth as they allow healthy companies to reward shareholders and  employees while attracting investors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Federal Reserve is planning to withdraw government oversight on some of the nation&#8217;s largest banks Friday, reports the Wall Street Journal. After two years of regulation following 2008&#8217;s crisis, the Fed will now allow financial institutions that have passed a January round&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-20212","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/20212","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=20212"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/20212\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=20212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=20212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=20212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}