Swiss Bank Hits Customers With Negative Interest Rates; Crazy? What About Velocity?
MishTalk
NOVEMBER 24, 2015
The bank describes itself as an ethical organisation focused on backing firms investing in social and environmental projects. With its balance sheet totalling nearly 1.6 The ECB became the first major central bank to venture below zero in June 2014, and it now charges banks 0.2 percent to hold their cash overnight.
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