Sector Regulation Sector Regulation

UK banks can restart dividend payments halted due to Covid, regulator says

By Fiona Maxwell
  • 10 Dec 2020 11:39
  • 24 Feb 2021 04:54
UK banks have been given the go-ahead to restart shareholder distributions in a limited fashion by the Bank of England’s prudential regulator, which banned them due to Covid-19 in order to keep lenders' capital inside the financial system.

After agreeing with banks in March this year that they should suspend dividends and share buybacks

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