UK BANKS SAY NO DIVIDEND THIS YEAR

Highlights

• Biggest banks in UK decide to not give dividends in year 2020

• Barclays, Standard Chartered, HSBC, NatWest among the few

• Bank of England, European Central Bank and Prudential Regulatory Authority behind this decision

Majority of United Kingdom’s biggest banks have decided to cut down billions of pounds of payments that supposedly dividend after the pressure from Bank ....