HSBC HK shareholders mull legal action over dividend suspension
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HONG KONG (Reuters) - HSBC shareholders in Hong Kong are considering calling for an extraordinary meeting with management and taking possible legal action against the bank's decision to scrap dividend payments.HSBC and other top British banks on Wednesday announced the suspension of dividend payouts after pressure from the regulator to save their capital as a buffer against expected losses from the new coronavirus crisis.Founded in Hong Kong about 150 years ago as Hongkong and Shanghai Banking..