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ECB Move to Lift Ban on Bank Dividends Fails to Cheer Investors


ECB Move to Lift Ban on Bank Dividends Fails to Cheer Investors
Bloomberg
12/16/2020
Nicholas Comfort and Steven Arons
© Photographer: Alex Kraus/Bloomberg
EDITORS NOTE: Multiple exposures were combined in camera to produce this image. An image of clouds at sunset overlays the skyscraper skyline of the financial district in Frankfurt, Germany, on Monday, July 1, 2019. Following the collapse of merger talks between Deutsche Bank and Commerzbank, German Finance Minister Olaf Scholz changed his message from supporting a national champion to backing a cross-border merger.
(Bloomberg) European bank regulators put strict limits on payouts to shareholders in a long-awaited decision to lift a de-facto ban on dividends, underscoring the challenges for lenders as the region enters a second wave of lockdowns. ....

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