BRIEF-SNB's Jordan says banks should use financial support to help the economy
* SWISS NATIONAL BANK CHAIRMAN JORDAN SAYS IS CONVINCED BANKS WILL USE FINANCIAL SUPPORT TO HELP THE ECONOMY, NOT FOR DIVIDENDS OR SHARE BUYBACKS
* FINMA'S BRANSON SAYS WELCOMES BANKS' DECISION TO HALT SHARE BUYBACK PROGRAMMES, ALSO RECOMMENDS TO DELAY DIVIDEND PAYMENTS * SWISS FINANCE MINISTER SAYS IF SITUATION DOESN'T IMPROVE, WE'LL HAVE TO KEEP MEASURES IN PLACE AS LONG AS NEEDED
* SWISS FINANCE MINISTER SAYS BANKS ARE NOT GOING TO EARN MONEY WITH THESE EMERGENCY LOANS, RATHER THE OPPOSITE * FINMA'S BRANSON SAYS REAL ESTATE MARKET WILL COOL DOWN Source text for Eikon: Further company coverage: [ ]
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
- READ MORE ON:
- FINMA