– The Swiss banks will postpone part of their 2019 dividends, bowing to pressure from European regulators.
The banks were the last two major banks to make such a move, arguing that their financial positions were strong enough to support dividend payouts. – BlackRock will not lay off any workers this year because of the coronavirus outbreak, according to CEO Larry Fink. He also said the world's largest asset manager will give full-time pay to support staff even if they cannot come to work.
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