Swiss Bank Hits Customers With Negative Interest Rates; Crazy? What About Velocity?
MishTalk
NOVEMBER 24, 2015
The Alternative Bank Schweiz wrote to customers telling them they would face a -0.125 per cent rate on their money from 2016 – and a -0.75 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
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