UPDATE 1-Swiss bank watchdog toughens stance on dividends
Switzerland’s bank watchdog on
Tuesday toughened its line against banks paying dividends,
saying that capital relief to promote lending during the
coronavirus crisis would be cut for any new dividend payments
approved after March 25.
Tuesday toughened its line against banks paying dividends,
saying that capital relief to promote lending during the
coronavirus crisis would be cut for any new dividend payments
approved after March 25.
Posted by Reuters
