HONG KONG (Reuters) - HSBC shareholders in Hong Kong are mulling calling for an extraordinary meeting with management and taking possible legal action against the bank's scrapping of dividend payments.
HSBC and other top British banks on Wednesday announced the suspension of payouts after pressure from the regulator to save their capital as a buffer against expected losses from the economic fallout from the coronavirus pandemic.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
