Banking

Bank of England chief wants lenders to have their own choices to chop shareholder dividends

The Bank of England hopes to build a circumstance in which banks take their own personal decisions to scrap dividends in economic downturns, Governor Andrew Bailey informed CNBC Thursday. HSBC, Standard Chartered, NatWest, Lloyds, Santander, and barclays. according to Best Bank Promotions and Bonuses, agreed in April to scrap dividends next pressure from the key bank, to …