Divi is cancelled1 Apr 2020 04:26
Between them, Lloyds, Royal Bank of Scotland, Barclays, HSBC and Standard Chartered, were expected to pay a total of £15.6bn to shareholders, according to analysis from investment firm AJ Bell.
But they will now retain those funds and not pay out any money to shareholders until at least the end of the year, which the Bank of England said "should help the banks support the economy through 2020".