RE: The stock is trading at a price-to-book of just 0.4.4 Apr 2020 18:26
Its bad enough to lose 60% of your saving AKA capital on the share prices today and then right kick in the nuts to cancel the 2019 Dividend many share holders like me budgeted this to survive on in 2020
No Dividends = No Staff Bonuses paid
OK, they got away with paying the staff Bonus without making profits in the past, that does not mean they should carry on now its Ethically not the right thing to do
BTW Mad Mick I think you mean Midland Bank not NatWest
HSBC bought Midland Bank in the 90s