Friday, May 15, 2020

Sheila Bair speaks out against bank dividends

https://www.ft.com/content/f990f438-c0e5-4b7f-a514-a37f57e5420c

 

“regulators have given banks permission to go below normal capital minimums so that they can continue to lend through the Covid-19 crisis. ‘The framework we had in place going into this was when you provide that capital relief, you tell banks to stop making shareholder payments,’ she said.”

 

Charlie Cooper

 

 

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