European banks should halt 2020 dividends due to epidemic - trade body
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LONDON (Reuters) - Banks should halt 2020 dividend payments to preserve capital and keep lending to businesses and households until the impact of the coronavirus epidemic is clearer, 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.Most banks acknowledge paying 2020 dividends may..