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Börse Express – ROUNDUP 2 / VIRUS: European banks cancel dividends

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(new: HSBC)

PARIS / LONDON (dpa-AFX) – Europe’s banks are following the request of the
ECB and cancel the distributions to its shareholders. According to Societe
Generals and Barclays shared late
The British HSBC also did the same on Tuesday evening.

Societe Generale will cut the dividend for 2019
The major French bank holds the general meeting on May 19.

The British Barclays Bank wants its shareholders this year
also do not send dividends. That applies to both
All-year distribution as well as for interim dividends. On too
The bank will not buy back shares.

HSBC canceled the fourth interim dividend for 2019. In addition, must
shareholders by the end of the current year
No distributions./fba/he/he

 ISIN  FR0000130809  GB0031348658  GB0005405286

AXC0540 2020-03-31 / 22: 46

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