BoE to undertake its assessment of banks’ distribution plans beyond 2020 in Q4

<p>BoE’s Prudential Regulation Authority (PRA) said it will asset whether to extend the suspension on bank payouts like dividends and share buyback beyond the end of the year. The statement came after ECB’s decision. PRA reiterated the decision to suspend dividends, share buybacks and cash bonuses back in March was “a sensible precautionary step given […]</p>
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