Financial Services Financial Services

All US banks should have to suspend dividends, share repurchases, possibly bonuses, Harvard study says

By Neil Roland
  • 12 Jun 2020 16:14
  • 12 Jun 2020 16:14
The US Federal Reserve should make all banks suspend common dividends and share repurchases, and consider asking that they temporarily stop paying cash bonuses to senior executives, a study by Harvard University economists said, citing current risks to banks.
“Given the magnitude of the shock associated with the Covid-19 pandemic

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Neil Roland

Senior Correspondent

Neil has covered U.S. financial regulation for over two decades, mostly for Bloomberg and Crain Communications. He received a Loeb award for coverage of regulators' response to the collapse of Enron. He also garnered a SABEW award and some Jesse H. Neal awards for stories on the Federal Reserve's response to the 2008 financial crisis. Roland has appeared as a commentator on Fox TV, NPR, C-Span and Bloomberg TV. He received a Master's degree in public policy from Harvard and a Bachelors degree in economics from Cornell.

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