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UBS and Credit Suisse bow to regulator pressure on dividends

FILE PHOTO: Logos of Swiss banks UBS and Credit Suisse are seen in Basel
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ZURICH (Reuters) - Swiss banks UBS and Credit Suisse will postpone paying out part of their 2019 dividends until later this year after mounting pressure from authorities over lenders' payouts during the coronavirus epidemic.The move follows bank dividend cancellations or postponements across much of Europe as regulators have heaped pressure on lenders to conserve profits and capital in order to..
Date Published: Apr 09, 2020
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