Sven Giegold

dividends

EBA extends payout restrictions to all EU banks and also targets variable remuneration

The Paris-based European Banking Authority (EBA) today, Tuesday evening, urged all European banks to temporarily suspend dividend payments and share buybacks. The EBA is thus following the European Central Bank (ECB), which on Friday evening had already recommended to major credit institutions it directly supervises to retain profits and reserves until at least 1 October […]

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