European banks should halt 2019 dividends due to epidemic - trade body
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LONDON (Reuters) - Banks should not pay dividends for 2019 to preserve capital and keep lending to businesses and households hit by the coronavirus pandemic, the European Banking Federation (EBF) said.The EBF said the European banking sector remained "fully committed" to helping businesses and households cope with the fallout from the health crisis and it would prioritise solvency in order to be able to fund the economy."It is the strong view of the European Banking Federation that any..