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Green finance Careers FAQs Find out what makes us different Find a job Overview "At this stage, we must call an EGM to let the management explain to us," HT Chan, a 46-year-old retired driver who holds the bank's stock and is part of the Facebook action group, told Reuters.

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Employability and financial capability Perspectives on the future of banking HSBC shareholders in Hong Kong are calling for an extraordinary meeting with the bank's management and considering legal action against its decision to scrap dividend payments.

Investors Our businesses and customers Students and graduates Culture and people HONG KONG: HSBC shareholders in Hong Kong are considering calling for an extraordinary meeting with management and taking possible legal action against the bank's decision to scrap dividend payments. Sustainability

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Our brand Investor events and presentations HONG KONG/LONDON (Reuters) - HSBC shareholders in Hong Kong are calling for an extraordinary meeting with the bank's management and considering legal action against its decision to scrap dividend payments.HSBC and other top British banks on Wednesday announced the suspension of dividend payouts after pressure from the regulator to conserve capital as a buffer against expected losses from the coronavirus crisis.Founded in Hong Kong about 150 years ago as Hongkong and Shanghai Banking Corp, Europe's biggest bank by assets has a large number of small shareholders in the city who have long benefited from the bank's stable dividend payments.Some of the Hong Kong shareholders have created a Facebook page, which had more than 3,000 members as of Sunday, to discuss possible action against the London-headquartered bank's dividend halt. Tax transparency