![]() Many banks are still expected to raise their dividends - including HSBC, BNP Paribas, UBS and Nordea NDA.ST - but investors may need to wait until 2015 for big increases.Īnalysts at Credit Suisse have forecast UBS’s dividend yield will rise to 3.8 percent in 2015 from 1.2 percent in 2013. which makes it difficult for banks to have as much confidence as they’d like that they won’t fall foul of regulatory change at a later date,” said Mike Harrison, analyst at Barclays. “The unpredictability quotient on regulation has risen. Switzerland’s finance minister said banks there could need a leverage ratio of 6-10 percent, more than double the global standard, and UBS was hit with a temporary top-up of capital it holds for potential legal and compliance costs.īritain is finalising plans that look set to ramp up capital demands, Stockholm is also increasing pressure on its banks and an upcoming review of the quality of assets across eurozone banks are further reasons for a conservative approach. Royal Bank of Scotland RBS.L bumped up its target for core capital to 12 percent from 10 percent earlier this month. ![]() The settlement, the largest levied on a single firm, was confirmed this week. authorities to settle investigations into the sale of mortgage debt encouraged European rivals to set aside more cash to cover misconduct risk. The prospect of a record $13 billion deal between JP Morgan JPM.N and U.S. They want to pay dividends to shareholders and if they have to pay fines, something has to give,” Alain Stangroome, head of group capital planning at HSBC, said at the Thomson Reuters IFR conference on bank capital on Thursday. “Banks have to maintain or strengthen their capital ratios. ![]() Major banks including Credit Suisse CSGN.VX, UBS UBSN.VX and Deutsche Bank DBKGn.DE either specifically set aside more for litigation costs or rebuilt capital at one of the fastest rates since the financial crisis in the last quarter, cutting the payout pool for yield-hungry investors.īanks are keen to lift their dividends after cuts following the financial crisis, but a big jump in payouts may now be delayed until 2015 from a previously-hoped-for 2014. ![]() LONDON (Reuters) - Shareholders’ expectations for bank dividends have declined after lenders ramped up capital levels in the third quarter, spooked by a mega fine against JP Morgan and spiralling regulatory demands. ![]()
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