Thursday, August 11, 2016

Negative Rates for the People Arrive as German Bank Gives In

Bloomberg Negative Rates for the People Arrive as German Bank Gives In Bloomberg When the European Central Bank introduced a negative interest rate on lenders' deposits two years ago, few thought things would ever go this far. This week, a German cooperative savings bank in the Bavarian village of Gmund am Tegernsee -- population ... and more »...(read more)
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