ECB tells banks to skip dividends, buybacks until October
The European Central Bank
told euro zone banks on Friday to skip dividend payments and
share buybacks until October at the earliest and use their
profits to support the economy as it is hit by the coronavirus
pandemic.
told euro zone banks on Friday to skip dividend payments and
share buybacks until October at the earliest and use their
profits to support the economy as it is hit by the coronavirus
pandemic.
Posted by Reuters
