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VIRUS OUTBREAK

UK banks scrap dividends; bonuses also under Covid-19 pressure

They include Barclays, HSBC, Lloyds Banking Grp, Royal Bank of Scotland, and Standard Chartered

London

BRITAIN'S top banks have axed dividend payments after pressure from the regulator, saving their capital as a buffer against expected losses from the economic fallout from the novel coronavirus.

Barclays, HSBC, Lloyds Banking Group , Royal Bank of Scotland, Standard Chartered...

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