Australian banks brace for dividend cuts amid virus woes -analysts
Australia’s Big Four banks may
cut dividends in coming weeks, tracking similar moves in Europe
and New Zealand, to save their capital as a buffer against the
economic fallout from the coronavirus pandemic, analysts said.
cut dividends in coming weeks, tracking similar moves in Europe
and New Zealand, to save their capital as a buffer against the
economic fallout from the coronavirus pandemic, analysts said.
Posted by Reuters
