ECB Hopes to Lift Bank Dividend Restrictions Soon, Enria Says
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Andrea Enria
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The European Central Bank’s top regulatory official said he hopes to lift its cap on bank dividends “soon,” while tempering expectations for outsized investor payouts.
“We will exit from these dividend recommendations, hopefully soon,” said Andrea Enria, who chairs the ECB’s supervisory board. “We have tabled a decision at our board on July 23 and we will communicate shortly after that.”