Bank of England chief would like lenders to have their very own choices to cut shareholder dividends
The Bank of England would like to grow a scenario where banks take their own personal choices to scrap dividends in economic downturns, Governor Andrew Bailey told CNBC Thursday. HSBC, Standard Chartered, NatWest, Lloyds, Santander, and barclays. according to Best Bank Promotions and Bonuses, agreed as part of April to scrap dividends following stress with the…