05.04.2020 19:47:13

U.S. Banks Defend Dividend Payments During Pandemic: FT

(RTTNews) - America's biggest banks to defend their plans to continue paying dividends in submissions their annual capital plans to the Federal Reserve on Monday, the Financial Times reported on Sunday, citing people familiar with the situation.

The report specified that the Europe's regulators want lenders to drop shareholder payouts while they dealt with the coronavirus pandemic but American counterparts hold firm.

The report stated that US banks' annual capital plans are expected to include proposals to continue paying dividends, reinforcing comments from prominent bank chief executives in recent days.

The bankers, including Goldman Sachs boss David Solomon, Morgan Stanley boss James Gorman and Citigroup chief Mike Corbat, argued that they had the means to continue paying dividends and that cutting them would be "destabilising to investors".

Analysen zu Goldman Sachsmehr Analysen

16.10.24 Goldman Sachs Buy Jefferies & Company Inc.
15.10.24 Goldman Sachs Overweight JP Morgan Chase & Co.
15.07.24 Goldman Sachs Buy Jefferies & Company Inc.
15.07.24 Goldman Sachs Sector Perform RBC Capital Markets
16.01.24 Goldman Sachs Buy Jefferies & Company Inc.
Eintrag hinzufügen
Hinweis: Sie möchten dieses Wertpapier günstig handeln? Sparen Sie sich unnötige Gebühren! Bei finanzen.net Brokerage handeln Sie Ihre Wertpapiere für nur 5 Euro Orderprovision* pro Trade? Hier informieren!
Es ist ein Fehler aufgetreten!

Aktien in diesem Artikel

Citigroup Inc. 67,15 0,13% Citigroup Inc.
Goldman Sachs 572,10 -1,26% Goldman Sachs
Morgan Stanley 126,54 -0,57% Morgan Stanley