Fidelity calls for dividend deferrals for European banks to combat Covid-19 financial risks

On the 03.27.20 at 8:15AM


Tuba Raqshan

A dividend deferral is the need of the hour, due to the uncertain impact of Covid-19 on the global economy and the fear of a financial crisis.

Romain Boscher, global CIO for equities, Fidelity International, said that the economic disruption caused by the virus will likely lead to a considerable increase in corporate debt and defaults.

Sign in

Get free access

Sign in