HSBC Cancels Remaining 2020 Dividends

Apr 2, 2020 | Top Stories

By 99percent

News_Update_-_99percent

HSBC Cancels Remaining 2020 Dividends
HSBC Cancels Remaining 2020 Dividends 3Shares of sprawling international bank HSBC Holdings (NYSE:HSBC) tumbled on Wednesday, following the company’s announcement that it is suspending its dividend. The move follows a request originating from the Bank of England that the UK-based HSBC not pay its upcoming quarterly distribution, which was scheduled to be handed out later this month.
News story posted on 2020-04-02T01:48:00.0000000Z

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