This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

EU's tough dividend limits last year hurt European business, economy, US Fed official says

By Neil Roland ( June 3, 2021, 21:10 GMT | Insight) -- The US Federal Reserve’s top regulator said the EU’s stringent restrictions on banks’ dividends and stock repurchases last year harmed European businesses and economies. "The cost of capital for the European banking system was affected by the fact that they completely suspended distributions from their system whereas we allowed continued payment of dividends and were less restrictive on distributions, given what we saw in our stress tests,” said Randal Quarles, the Fed’s vice chair for supervision.The US Federal Reserve’s top regulator said the EU’s stringent restrictions on banks’ dividends and stock repurchases last year harmed European businesses and economies....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections