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home / news releases / uk banks to scrap dividends amid covid 19 fear

RBS - UK banks to scrap dividends amid COVID-19 fear

Royal Bank of Scotland Group Plc New ADS
  • Following ECB's lead, Prudential Regulatory Authority has requested UK banks to halt dividends.
  • Barclays (NYSE:BCS) suspends dividend and buybacks.
  • HSBC Holdings plc (NYSE:HSBC) suspends an interim dividend of $0.21/share and buybacks.
  • Lloyds Banking Group (NYSE:LYG) cancels dividends and buybacks.
  • Royal Bank of Scotland (NYSE:RBS) cancels 2019 final dividend.
  • Standard Chartered (OTCPK:SCBFF) withdraws final 2019 dividend of $0.20/share and suspends buyback.
  • More news on: Lloyds Banking Group plc, Lloyds Banking Group plc, The Royal Bank of Scotland Group plc, Financial stocks news, Dividend News, ,
Stock Information
Company Name: Royal Bank of Scotland Group Plc New ADS
Stock Symbol: RBS
Market: NYSE
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